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					4/12/2010                                                               Page 1


FLORIDA NAUTICAL SURVEYORS.
Marine Surveyors & Consultants

2727 NE 32nd Street
Fort Lauderdale, Fl 33306

Tel. (954) 801 2140            email: FNSurveys@aol.com
     (954) 630 2141            Web : www.FloridaNauticalSurveyors.com
Fax. (954) 630 8784




            SURVEY REPORT
                “LADY ANAYANCY”




            PREPARED EXCLUSIVELY FOR:
                              C. NEAL ESTES


                            CONDUCTED BY:
                            MALCOLM ELLIOTT. CMS
                               ACMS. SNAME. ABYC.
4/12/2010                                                                                     Page 2


                  FLORIDA NAUTICAL SURVEYORS.
                           Marine Surveyors & Consultants
                                  2727 NE 32nd Street
                               Fort Lauderdale. Fl. 33306
                         Tel.# (954) 801 2140 or (954) 630 2141
                                  Fax.# (954) 630 8784

                             CONDITION & VALUATION

Page # 2 of 14.

File #                        208PG10

Date:                         FEBRUARY 4, 2010

Vessel's Name:                “LADY ANAYANCY”

Requested By:                 C. NEAL ESTES

Type:                         39' MOTOR YACHT “391 SEDAN”

Builder:                      MERIDIAN

Model Year:                   2006

Year Built:                   2005

Power:                        TWIN DIESEL

Hull #                        MDNH6008K506

Doc. #                        1195155

Valuation:                    205,000 U.S.DOLLARS

Replacement Value:            425,000 U.S.DOLLARS

Surveyed By:                  MALCOLM ELLIOTT CMS - ACMS. SNAME. ABYC

In Water:                     PALM BEACH GARDENS, FLORIDA

Hauled:                       SEMINOLE MARINE, PALM BEACH GARDENS, FL.

Sea Trailed:                  LAKE WORTH, FLORIDA

In the presence of:           BROKER/CAPTAIN & ENGINE SURVEYOR

Remarks and Recommendations: PLEASE SEE PAGES 2-14.

The subject vessel at this inspection is deemed to be an acceptable fire and marine risk in
its present condition subject to compliance with the 'must' recommendations as reported
on page # 14.
4/12/2010                                                                                            Page 3


SURVEY REPORT FOR “LADY ANAYANCY”

                                                  GENERAL
HAILING PORT:        LONG KEY. FL.
REGISTERED PORT:     NATIONAL VESSEL DOCUMENTATION CENTER
L.O.A.: 39‟          L.W.L.: *              BEAM: 13‟ 11”       DRAFT: 2‟ 9”        DEPTH: 5.8‟
GROSS TONS           22                                         NET TONS: 18
DISPLACEMENT:        25,000 LBS (DRY, REPORTED)                 BALLAST:       *
DESIGNER:            MERIDIAN YACHTS                            BUILDER: MERIDIAN YACHTS
VESSEL USE:          PRIVATE USE ONLY
NAV. LIMITS:         TO UNDER WRITERS REQUIREMENTS
VESSELS BERTH:       MARINA DOCK                                LAID UP:       *
MASTER:              NOT REPORTED
EXPERIENCE/LICENSE   *
                                          HULL                                                 CONDITION
TOPSIDES:            MOLDED FIBERGLASS, WHITE STRIPES                                      GOOD
BOTTOM:              MOLDED FIBERGLASS, BLACK ANTI-FOULING W/BLACK BOOT STRIPE             GOOD
SUPERSTRUCTURE:      MOLDED FIBERGLASS, WHITE                                              GOOD
STEM:                RAKED & FLARED                                                        GOOD
STERN:               TRANSOM                                                               GOOD
FRAMES:              INTEGRAL                                                              GOOD
DECK BEAMS:          INTEGRAL                                                              GOOD
DECKS:               MOLDED FIBERGLASS WITH NONE SKID AREAS                                GOOD
KEEL:                FULL                                                                  GOOD
SKEG:                *                                                                     *
ZINCS:               1 PER TRIM TAB, 2 PER THRUSTER + 1 TRANSOM BARS                       POOR
THROUGH HULLS:       BRONZE BELOW WATERLINE W/BRONZE & PLASTIC ABOVE                       GOOD
BILGES FORWARD:      WET & DIRTY                                                           SERVICE
BILGES AFT:          WET & DIRTY                                                           SERVICE
BILGES ENG. ROOM     WET & DIRTY                                                           SERVICE
BULKHEADS:           PLYWOOD TABBED TO HULL & DECK                                         GOOD
STERN RAIL:          FIBERGLASS                                                            GOOD
SELF BAILING CP.     YES                                                                   GOOD
WATERTIGHT COMP.:    *                                                                     *
STANCHIONS:          STAINLESS STEEL                                                       GOOD
LIFELINES:           STAINLESS STEEL HAND RAIL                                             GOOD
BOW PULPIT:          STAINLESS STEEL                                                       GOOD
BOW SPRIT:           ANCHOR ROLLER BRACKET                                                 GOOD
DECK HARDWARE:       STAINLESS STEEL & ALUMINUM                                            GOOD
SWIM PLATFORM:       INTEGRAL FIBERGLASS WITH LADDER                                       GOOD
TRANSOM GATE:        YES                                                                   GOOD
OTHER:               *                                                                     *
OTHER:               *                                                                     *
4/12/2010                                                             Page 4


SURVEY REPORT FOR “LADY ANAYANCY”
                                  EXTERIOR                       CONDITION
LIVE WELL                 *                                  *
FISH WELL                 *                                  *
FISH FIGHTING CHAIR       *                                  *
TACKLE CENTER             *                                  *
COCKPIT FREEZER           *                                  *
FISH BOX ICE MAKER        *                                  *
GUN-WHALE ROD HOLDERS     *                                  *
ROCKET TYPE ROD HOLDERS   *                                  *
OUTRIGGERS                *                                  *
SERVICE AIR COMPRESSOR    *                                  *
DIVE AIR COMPRESSOR       *                                  *
COCKPIT ENGINE CONTROLS   *                                  *
WINDSHIELD WIPERS         *                                  *
WINDSHIELD WASHERS        *                                  *
FLYBRIDGE REFRIGATOR      NORCOLD                            GOOD
FLYBRIDGE FREEZER         COMPARTMENT IN THE ABOVE           GOOD
FLYBRIDGE ICE-MAKER       *                                  *
AFT DECK REFRIGERATOR     *                                  *
AFT DECK FREEZER          *                                  *
AFT DECK ICE-MAKER        *                                  *
RADAR ARCH                YES                                GOOD
MAST:                     LIGHT MAST ABOVE ARCH              GOOD
FENDERS:                  *                                  *
DOCKING LINES:            SIX, DACRON & THREE STRAND NYLON   GOOD
HARD TOP:                 *                                  *
BIMINI:                   BLACK                              POOR
BIMINI FRAME:             STAINLESS STEEL                    FAIR
ENCLOSURE:                FULL                               POOR
OTHER:                    *                                  *
GROUND TACKLE:            DELTA W/ 10„ CHAIN & 150„ RODE     GOOD
GROUND TACKLE:            *                                  *
GROUND TACKLE:            *                                  *
OTHER:                    *                                  *
ANCHOR WINDLASS:          LEWMAR VERTICAL                    GOOD
DECK WINCHES:             *                                  *
DINGHY DAVIT:             *                                  *
GANGWAY:                  *                                  *
PASSARELLE:               *                                  *
DINGHY:                   *                                  *
OUTBOARD MOTOR:           *                                  *
OTHER:                    *                                  *
OTHER:                    *                                  *
4/12/2010                                                                           Page 5


SURVEY REPORT FOR “LADY ANAYANCY”

                                   ELECTRONICS                            CONDITION


COMPASS:            5“ RITCHIE                        *                   GOOD
AUTOPILOT:          SIMRAD AP 16                      *                   SERVICE
RADAR:              *                                 *                   *
AIS:                *                                 *                   *
GPS.:               *                                 *                   *
GPS:                *                                 *                   *
CHART PLOTTER:      *                                 *                   *
CHART PLOTTER       *                                 *                   *
VHF:                NORTHSTAR NS 100                  *                   GOOD
VHF:                *                                 *                   *
HANDHELD VHF‟S:     *                                 *                   *
SSB:                *                                 *                   *
HAILER:             *                                 *                   *
CELL PHONE          *                                 *                   *
SAT. PHONE:         *                                 *                   *
FISHFINDER:         *                                 *                   *
DEPTH FINDER:       NAVMAN                            *                   SERVICE
SONAR:              *                                 *                   *
SPEED LOG:          *                                 *                   *
SW. TEMP. GAUGE:    *                                 *                   *
WIND METER:         *                                 *                   *
COMPUTER:           *                                                     *
LAP TOP:            *                                                     *
SOFTWARE:           *                                                     *
OTHER:              *                                                     *
FAX, PRINTER ETC.   *                                                     *
TV. VCR. DVD        SHARP LCD TV & TOSHIBA DVD IN SALON                   GOOD
TV. VCR. DVD        SHARP LCD TV‟S & CLARION DVD PLAYERS IN EACH CABIN    GOOD
TV. VCR. DVD        *                                                     *
TV. VCR. DVD        *                                                     *
TV. VCR. DVD        *                                                     *
OTHER:              *                                                     *
SAT. TV.            *                                                     *
STEREO:             CLARION (UBL) AM/FM CD PLAYER IN SALON WITH REMOTES   GOOD
STEREO:             *                                                     *
STEREO:             *                                                     *
OTHER:              *                                                     *
OTHER:              *                                                     *
4/12/2010                                                                   Page 6


SURVEY REPORT FOR “LADY ANAYANCY”

                          FIRE FIGHTING & SAFETY GEAR                 CONDITION
HAND EXT‟SHER             FOUR, 2.5 LB DRY POWDER                 GOOD
INSPECTION DATE:          NO DATE TAG                             SERVICE
BUILT IN SYSTEM           “SEAFIRE” CLEAN AGENT                   GOOD
LOCATION:                 IN ENGINE ROOM                          GOOD
INSPECTION DATE:          NO DATE TAG                             SERVICE
MANUAL RELEASE:           *                                       *
AUTOMATIC RELEASE:        YES                                     GOOD
REMOTE INDICATOR:         YES, ON FLY BRIDGE                      GOOD
SHUT-DOWNS:               NOT SIGHTED                             N/A
AUX. FIRE PUMP:           *                                       *
MANUAL BILGE P/PS         *                                       *
EL. BILGE PUMPS           YES                                     GOOD
ENG. DRIVEN P/PS          *                                       *
BILGE ALARMS              *                                       *
LIFE JACKETS, TYPE “I”:   *                                       *
LIFE JACKETS, TYPE “II”   TWO                                     PURCHASE
LIFE JACKETS, OTHER       *                                       *
THROW CUSHIONS:           *                                       *
LIFE RINGS:               *                                       *
LIFE RAFTS:               *                                       *
INSPECTION DATE:          *                                       *
FLARES, RED HAND HELD:    NOT SIGHTED                             PURCHASE
DATE OF EXPIRY:           *                                       *
FLARES, ORANGE H-HELD:    *                                       *
DATE OF EXPIRY:           *                                       *
FLARES, CARTRIDGES:       *                                       *
DATE OF EXPIRY:           *                                       *
EPIRB:                    *                                       *
FIRST AID KIT:            NONE SIGHTED                            PURCHASE
U.S.C.G. NOTICES          YES                                     GOOD
FIRE DETECTORS:           *                                       *
SMOKE DETECTORS:          YES                                     SERVICE
FUME DETECTORS:           YES                                     SERVICE
BELL:                     *                                       *
HORN:                     YES                                     GOOD
RULES OF THE ROAD BOOK    NOT SIGHTED                             PURCHASE
RUNNING LIGHTS:           FORWARD NOT WORKING                     SERVICE
ANCHOR LIGHTS:            COVER MISSING                           SERVICE
SEARCHLIGHTS:             *                                       *
SPREADER LIGHTS:          *                                       *
OTHER:                    TWO UNDER WATER LIGHTS AT THE TRANSOM   SERVICE
4/12/2010                                                                             Page 7


SURVEY REPORT FOR “LADY ANAYANCY”

                                    MACHINERY                                    CONDITION
                            PLEASE SEE THE ENGINE SURVEYORS REPORT
ENGINE LOCATION:    MIDSHIPS, BELOW SALON SOLE                               GOOD
NUMBER & TYPE:      TWO DIESEL                                               GOOD
MAKE:               CUMMINS                                                  GOOD
PORT MODEL #:       QSB 5.9 380 (M100TA)                                     GOOD
STBD. MODEL #:      QSB 5.9 380 (M100TA)                                     GOOD
PORT SERIAL #:      465 29 080                                               GOOD
STBD. SERIAL #:     465 80 358                                               GOOD
ENGINE HOURS:       350                                                      N/A
H.P.:               380 EACH                                                 GOOD
R.P.M.              3000 (MAX)                                               GOOD
# CYLINDERS:        SIX                                                      GOOD
CRUISE SPEED:       24 KNOTS (REPORTED)                                      GOOD
MAX. SPEED:         30 KNOTS (REPORTED)                                      GOOD
WHEN O/HAULED:      NOT REPORTED                                             N/A
ALARM SYSTEMS:      YES                                                      GOOD
ENGINE BED:         FIBERGLASS STRINGERS WITH FLEXIBLE MOUNTS                GOOD
PAN UNDER ENGINE:   *                                                        *
COOLING SYSTEM:     FRESH WATER                                              GOOD
VENTILATION:        ADEQUATE                                                 GOOD
FUEL PUMP:          MECHANICAL                                               GOOD
FILTERS:            SINGLE RACOR BOWLS IN-LINE WITH BOWL ON ENGINES          GOOD
EXHAUST LINE:       HOSE + FIBERGLASS TUBE                                   POOR
EXHAUST MUFFLER:    UNDERWATER OUTLETS                                       GOOD
SYNCHRONIZER:       EELCTRONIC                                               GOOD
CONTROLS:           SINGLE LEVER ELECTRONIC                                  GOOD
SHAFT LOG TYPE:     BRONZE                                                   GOOD
BEARINGS:           CUTLASS                                                  GOOD
STUFFING BOX:       SEAL TYPE                                                GOOD
PROPELLERS:         FOUR BLADE NIBRAL 23“ x 26“                              GOOD
PROPELLER SHAFTS    STAINLESS STEEL, 2” DIAMETER                             GOOD
STRUTS:             BRONZE                                                   GOOD
STRUT BEARINGS:     CUTLASS                                                  GOOD
PROP: PROTECTION    HULL, KEEL & STRUT                                       GOOD
RUDDER              BRONZE SPADES 19” x 10”                                  GOOD
RUDDER STUFF BOX    BRONZE                                                   GOOD
TRIM TABS:          STAINLESS STEEL SINGLE RAM                               GOOD
BOWTHRUSTER:        “SLEIPNER” SIDE POWER TWIN 4 BLADE PROP‟S IN 7.5” TUBE   GOOD
STERN THRUSTER:     “SLEIPNER” SIDE POWER TWIN 4 BLADE PROP‟S IN 7.5” TUBE   GOOD
STABILIZERS:        *                                                        *
OTHER:              *                                                        *
4/12/2010                                                                                                   Page 8


SURVEY REPORT FOR “LADY ANAYANCY”

                                            TRANSMISSIONS                                           CONDITION
TYPE:                      ZF                                                                       GOOD
MODEL:                     ZF 80 A-2.0                                                              GOOD
REDUCTION RATIO:           1.96:1                                                                   GOOD
PORT SERIAL #:             32532P                                                                   GOOD
STBD. SERIAL #:            32539P                                                                   GOOD
TROLLING VALVES:           *                                                                        *

                                         STERN OR VEE DRIVES                                        CONDITION
TYPE:                      *                                                                        *
MODEL:                     *                                                                        *



                                             GENERATORS                                             CONDITION
AUX. GENERATOR:            ONAN       716.5 HOURS                *                                  GOOD
LOCATION:                  CENTERLINE AFT                        *                                  GOOD
MODEL #:                   9MDKBL 5201B                          *                                  GOOD
SERIAL #:                  I050836665                            *                                  GOOD
KILOWATTS:                 9                                     *                                  GOOD
VOLTAGE:                   120                                   *                                  GOOD
NO. CYLINDERS:             THREE                                 *                                  GOOD
R.P.M.                     1800                                  *                                  GOOD
COOLING SYSTEM:            FRESH WATER                           *                                  GOOD
VENTILATION:               ADEQUATE                              *                                  GOOD
EXHAUST LINE               HOSE                                  *                                  GOOD
EXHUAST MUFFLER:           AQUALIFT                              *                                  GOOD
FUEL PUMP:                 ELECTRICAL                            *                                  GOOD
FILTERS:                   RACOR IN-LINE W/BOWL ON ENGINE        *                                  GOOD
OTHER                      PLEASE SEE THE ENGINE SURVEYORS REPORT                                   *



                                                    TRIAL RUN DATA:
            PORT ENGINE:                             STARBOARD ENGINE:                                  SPEED
                                                                                               GPH      FROM
                     WATER           OIL    DRIVE             WATER     OIL              %
            R.P.M.                                   R.P.M.                     VOLTS          PER      GPS
                     TEMP.          PRESS    OIL               TEMP.   PRESS.           LOAD
                                                                                               ENG      IN KNOTS
SLOW                                                   700      175      35      13      *      *           4.7
CRUISE                                                2200      180      50      13      *      *           17.0
CRUISE                                                2400      180      50      13      *      *           20.1
CRUISE                                                2600      175      45      13      *      *           23.8
CRUISE                                                2800      180      45      13      *      *           25.3
FULL                                                  3000      180      45      13      *      *          27.3**

** AVERAGE SPEED FROM TWO OPPOSITE RUNS
PORT ENGINE GAUGES NOT WORKING
CALM WEATHER
4/12/2010                                                                               Page 9


SURVEY REPORT FOR “LADY ANAYANCY”

                                   ELECTRICAL                                    CONDITION
12 VOLT CHARGER              *                                                   *
12 VOLT CHARGER              *                                                   *
24 VOLT CHARGER              40 AMP PRO MARINER “PRO-TECH”                       GOOD
24 VOLT CHARGER              *                                                   *
32 VOLT CHARGER              *                                                   *
DC. CONVERTER                *                                                   *
INVERTER:                    *                                                   *
INVERTER CHARGER:            *                                                   *
SHORE TRANSFORMERS           *                                                   *
BATTERY INSTALLATION         1 x 12 VOLT FORWARD OF STARBOARD MAIN ENGINE        GOOD
BATTERY INSTALLATION         5 x 12 VOLT FORWARD OF THE GENERATOR TO STARBOARD   GOOD
BATTERY INSTALLATION         *                                                   *
BATTERY INSTALLATION         *                                                   *
BATTERY SWITCHES             FIVE, APPROVED TYPE                                 GOOD
DRIP PANS                    PLASTIC BOXES WITH LIDS, SECURE                     GOOD
CABLE & TERMINAL CONNECTS.   SOUND & SECURE                                      GOOD
LIGHTS                       24 VOLT DC & 110 VOLT AC                            GOOD
WIRING                       THERMOPLASTIC WHERE SIGHTED                         GOOD
125 VOLT SHORE RECEPTACLES   *                                                   *
250 VOLT SHORE RECEPTACLES   ONE x 50 AMP 125/250 VOLT                           GOOD
PHONE / TV RECEPTACLES       YES                                                 GOOD
30 AMP CABLES                *                                                   *
50 AMP CABLES                *                                                   *
100 AMP CABLES               *                                                   *
PIG TALES                    *                                                   *
AC. SWITCHBOARD              PORT AFT IN THE SALON                               GOOD
DC. SWITCHBOARD              AS ABOVE                                            GOOD
CIRCUIT BREAKERS             YES                                                 GOOD
LIGHTENING ARRESTER          BONDING SYSTEM                                      GOOD
OTHER:                       *                                                   *
OTHER:                       *                                                   *
AIR CONDITIONING SYSTEM      MARINE AIR                                          GOOD
REVERSE CYCLE HEATING        YES                                                 GOOD
OTHER                        *                                                   *
STEERING GEAR                HYDRAULIC                                           GOOD
OTHER                        *                                                   *
OTHER                        *                                                   *
4/12/2010                                                             Page 10


SURVEY REPORT FOR “LADY ANAYANCY”

                                    WATER TANKS                   CONDITION
NO. & CAPACITY            TWO, 125 GALLONS, REPORTED          GOOD
SHAPE                     RECTANGULAR                         GOOD
MATERIALS                 POLY PLASTIC                        GOOD
LOCATION                  BELOW COCKPIT TO PORT & STARBOARD   GOOD
LOCATION                  *                                   *


                                      FUEL TANKS                  CONDITION
NO. & CAPACITY             TWO, 350 GALLONS, REPORTED         GOOD
SHAPE                      RECTANGULAR                        GOOD
MATERIALS                  ALUMINUM                           GOOD
SECURED                    YES                                GOOD
BONDED                     YES                                GOOD
LOCATION                   OUTBOARD OF EACH MAIN ENGINE       GOOD
LOCATION                   *                                  *
LOCATION                   *                                  *
LOCATION                   *                                  *
FILLING LINES              HOSE                               GOOD
VALVES                     BRONZE                             GOOD
LOCATION                   AT TANKS                           GOOD
VALVE ACCESSIBILITY        GOOD                               GOOD
INFLAMMABLES CARRIED       *                                  *


                                  OIL & GASOLINE                  CONDITION
CLEAN ENGINE OIL           *                                  *
LOCATION                   *                                  *
CLEAN HYDRAULIC OIL        *                                  *
LOCATION                   *                                  *
DIRTY OIL                  *                                  *
LOCATION                   *                                  *
GASOLINE                   *                                  *
LOCATION                   *                                  *


                      HOLDING TANKS & TREATMENT SYSTEMS           CONDITION
BLACK WATER TANK           ONE, 40 GALLONS, REPORTED          GOOD
LOCATION                   IN ENGINE ROOM                     GOOD
BLACK WATER TANK           *                                  *
LOCATION                   *                                  *
GRAY WATER TANK            SUMP                               GOOD
LOCATION                   IN BILGE AREA                      GOOD
GRAY WATER TANK            *                                  *
LOCATION                   *                                  *
4/12/2010                                                           Page 11


SURVEY REPORT FOR “LADY ANAYANCY”

                                   INTERIOR                   CONDITION
NO. OF CABINS           TWO                               GOOD
ENCLOSED HEADS          TWO                               GOOD
INTERIOR FINISH         CHERRY                            GOOD
CABIN SOLE              PLYWOOD & FIBERGLASS              GOOD
RUGS, CARPETING         CARPETS                           GOOD
TRIM                    CHERRY                            GOOD
OVERHEAD                VINYL                             GOOD
DINETTE                 SALON TABLE                       GOOD
BUNK CUSHIONS           UPHOLSTERY OVER FOAM MATTRESS‟S   GOOD
CURTAINS                YES                               GOOD
OTHER                   *                                 *
                                    GALLEY                    CONDITION
LOCATION                PORT DOWN                         GOOD
STOVE                   *                                 *
OVEN                    *                                 *
STOVE TOP               2 BURNER ELECTRIC “ORIGO”         SERVICE
STOVE SHUT OFF‟S        STOVE & SWITCHBOARD               GOOD
BBQ                     *                                 *
MICROWAVE               TAPPAN                            GOOD
CONVECTION OVEN         *                                 *
VENTILATION             ADEQUATE                          GOOD
REFRIGERATOR            NOVA KOOL                         SERVICE
FREEZER                 AS ABOVE                          SERVICE
OTHER REFRIGERATION     *                                 *
OTHER REFRIGERATION     *                                 *
ICE-MAKER               U-LINE                            SERVICE
SMALL APPLIANCES        *                                 *
CENTRAL VACUUM SYSTEM   YES                               GOOD
HOT WATER HEATER        10.5 GALLON, ELECTRIC “ATTWOOD”   GOOD
INSTANT WATER HEATER    *                                 *
WATER MAKER             *                                 *
WASHER / DRYER          *                                 *
DISHWASHER              *                                 *
COMPACTOR               *                                 *
GALLEY COUNTER          MOLDED                            GOOD
SHOWER                  ONE + DECK SHOWER                 GOOD
TUB‟S                   *                                 *
JACUZZI‟S               *                                 *
OTHER                   *                                 *
OTHER                   *                                 *
4/12/2010                                                                                 Page 12


SURVEY REPORT FOR “LADY ANAYANCY”

CONDITION & VALUATION


OWNERS:                        C. NEAL ESTES
C/O                            DOYLE CHEMICAL & SUPPLY
ADDRESS                        118 OWENS INDUSTRIAL DRIVE
ADDRESS                        SAVANNAH. GA. 31405
ADDRESS                        *
PHONE #                        912 232 8143 OFFICE
PHONE #                        912 665 2627 CELL
PHONE #                        *
FAX #                          912 232 8144
FAX #                          *
EMAIL                          CHARLTONE@AOL.COM
EMAIL                          *
OTHER                          STEVE GALLAGHER 561 718 1300 (BROKER)




BOAT LOCATION                  OLD PORT COVE MARINA, PALM BEACH GARDENS, FL.
HAUL OUT YARD                  SEMINOLE MARINE, PALM BEACH GARDENS, FL.
SEA TRIAL LOCATION             LAKE WORTH, FLORIDA
WEATHER CONDITIONS             LIGHT SEAS & MODERATE WIND
OTHER                          *
ENGINE SURVEYOR                GARY GILLESPIE
LISTING BROKERAGE              GRANDE YACHTS INTERNATIONAL
SELLING BROKERAGE              AS ABOVE
SELLING BROKER                 STEVE GALLAGHER
CAPTAIN                        AS ABOVE
OTHER                          *
OTHER                          *


Engine survey was performed by Mr. Gary Gillespie, please see his report.

Note: Fuel tanks were not full at this survey and it is recommended that they be proved
as per the “must recommendations”.

Note: All surveys call for all USCG, NFPA and ABYC deficiencies to be noted and a fair
approximate local geographic market valuation to be made.

Documents: USCG Documentation sighted.
4/12/2010                                                                                       Page 13


SURVEY REPORT FOR “LADY ANAYANCY”

CONDITION & VALUATION

The undersigned places an approximate value of 205,000 U.S. Dollars on subject yacht
“LADY ANAYANCY” based on recent selling prices of similar vessels of like type,
size, age, manufacture, construction, condition, power and equipment, all fairly
depreciated. Also on this surveyors personal knowledge of the local market, BUC book,
Yachtworld.com and other material at hand.

This valuation is intended for insurance and valuation purposes only and is not intended
to influence the purchase or none purchase of subject vessel.

Underwater Hull Areas & Running Gear:

The underwater areas were fully sounded with a phenolic hammer and no delamination or
gel-coat blisters were noted. The anti-fouling paint was found worn and needs to be
renewed. All of the running gear was inspected and found good except for a lot of marine
growth which was removed during this haul-out however more work is still required to
fully clean this equipment. The water deflector is missing from around the starboard side
underwater exhaust outlet.

Topsides:

All of the topsides were found good with no dings or scrapes noted. The swim platform is
integral at the transom and was found good.

Exterior:

The vessel comes with the standard layout and as listed previously in this report was well
found.

This layout includes a cockpit that has an aft bench seat with storage to port and
starboard, a transom door to port and the stairway up to the fly bridge is forward to
starboard. There are storage lockers on the aft side of the transom.

The side decks are small but do come with securely installed hand rails on the side of the
superstructure to assist in moving forward. The fore deck was found clean and neat with
the anchor windlass securely installed forward on the centerline. Access to the chain
locker is next to the windlass.

Fly-bridge:

The fly-bridge was found with the helm forward to starboard with all engine controls,
gauges and electronics easy to hand. There is good seating opposite the helm and aft to
port. The wet bar with refrigerator is aft of the helm. All of this area is well protected by
the bimini and an enclosure.
4/12/2010                                                                                      Page 14


SURVEY REPORT FOR “LADY ANAYANCY”

Interior:

The interior comes with the standard layout that includes a good sized salon that has good
seating and storage. The switchboards and entertainment equipment are installed aft and a
seating area with a table is forward to starboard.

The galley is down to port and was found clean and neat with all equipment in good
working condition.

The forward cabin comes with a centerline queen sized berth and good storage. The mid-
ships cabin is to starboard and also comes with a queen sized bed that is off-set to
starboard and aft. The shower compartment is to starboard with the head to port.

Machinery Space:

This area is accessed through deck hatches in the salon sole or from the cockpit by lifting
the hinged stairs that lead up to the fly bridge. Once the hatches are open there is good
access to all of the machinery to carry out all service work. Both main engines ran well
during the sea trial. The generator is below the cockpit and is easily accessed through the
deck hatch & carried all of the vessels electrical load. Please see engine surveyors report.

MUST RECOMMENDATIONS:
 Fuel Tanks, Fill to prove integrity.
 Anchors, Safety wire all shackles.
 Fire Extinguishers, Service and date tag.
 Fixed Fire fighting system, Service and date tag.
 Flares, Purchase and store on board.
 Life Jackets, purchase correct size & number for those onboard.
 Navigation & anchor lights, Service & prove.
 USCG Plaques, Install plaques for oil pollution & garbage disposal.
 First-Aid kit, Purchase.
 Rules of the Road Booklet, purchase.
 Sea Water Hoses, Double clamp all hoses.
 Fume Smoke detectors, replace batteries & prove all.

There are no apparent leaks around the fuel tanks or fuel system and the above “Must
recommendation” to “Fuel Tanks, fill to prove integrity” is included as a standard
recommendation by the undersigned. 

The above represents the opinion of the undersigned based on the facts presented and the
discoveries made while surveying subject vessel, with no warranty either specific or
implied being made.
Respectfully submitted,



Malcolm J. Elliott
Attending surveyor
February 4, 2010

				
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