R. D. SHELLEY

MARINE SURVEYOR

604 28th AVENUE NORTH, SAINT PETERSBURG, FL 33704

(727) 480-3172

________________________________________________________________

Survey File #06223505CV Date: June 16, 2005

REPORT OF SURVEY OF THE VESSEL Pegasus

SURVEY REQUESTED BY: John Griffiths

610 North Lakeside Drive

Durango, CO 81303

VESSEL OWNED BY: Peter ********

***************

***************, FL

This is to certify that at the request of John Griffiths, the attending surveyor did, on June 16, 2005, attend the survey of the vessel Pegasus where she lay afloat at a private dock at the owner’s residence, hauled out of the water at Lighthouse Yacht Service (Port Tarpon Marine) in Tarpon Springs, Florida. on a trial run in the waters in between.

Information regarding the inspection is contained within the body of the report. The purpose of this inspection was to determine the general condition and estimated present day market value of this vessel. Abbreviations are used in this report to identify marine related agencies and organizations that have established standards that should or must be followed. These are: United States Coast Guard (USCG), the American Boat and Yacht Council (ABYC), and the National Fire Protection Association (NFPA).

The following is a report of the examination and findings.

GENERAL INFORMATION

TYPE VESSEL: 36' Catalina Mk II, Auxiliary Sloop

BUILDER: Catalina Yachts, Woodland Hills, California

YEAR: 1994 Model Year

HULL IDENTIFICATION NUMBER: CTYR1353A494

LOA: 36'4" LWL: 30'3" BEAM: 11'11"

DISP: 14,100 lbs. BALLAST: 6,600 lbs. DRAFT: 4'5"


CONSTRUCTION

HULL Molded, solid laminate of fiberglass reinforced plastic(FRP) further reinforced with bulkheads, an interior FRP pan/liner component and other transverse and longitudinal members bonded to the hull structure. Hull molding at transom incorporates a bustle type swim platform with ladder. Three aluminum framed deadlights are fitted in the hull topsides.

DECK Molded, cored FRP laminate incorporating the cabin house, weather decks, cockpit, coamings and toe rails in one contiguous structure.

RUDDER Balanced spade type.

KEEL Cruising wing design bolted externally to the hull.

HULL/DECK JOINT Hat box type covered with an aluminum and vinyl rub rail.

STEERING Stainless steel destroyer type pedestal wheel aft in the cockpit with chain and pull-pull cables to an aluminum quadrant via sheaves. System is fitted with a wheel brake and emergency tiller. (Not tested for fit.)

DECK HARDWARE Stainless steel: bow and stern rails with seats, stanchions, anchor roller assembly, swim ladder, hand grabs; double lifelines with gates port and starboard, four plastic salon windows, six aluminum framed portlights, four aluminum framed deck hatches; teak: bin boards, cockpit table; bimini top and dodger with provisions for a connector and curtain, cockpit cushions, FRP: anchor well hatch, sea hood, cockpit seat hatches; shower; removable helm seat, plastic companionway sliding hatch, rod holder, deck vents with plastic cowls, pedestal guard, electronics pod, chocks, cleats, lines, fenders and other sundry deck gear.

GROUND TACKLE 35 lb. CQR plow with chain leader and nylon rode

Maxwell 500, 12 volt windlass


SPARS, SAILS AND RIGGING

MAST Anodized extruded aluminum single spreader section stepped to the keel and fitted with; internal halyards, light fixtures, winches a masthead Windex unit and TV antenna.

BOOM Extruded aluminum main boom.

STANDING RIGGING Headstay is fitted with a Schaefer 2000 roller furling system, backstay with split legs, two upper shrouds, four lower shrouds, all constructed of 1x19 stainless steel wire rope with primarily swage type terminals.

RUNNING RIGGING Main sheet traveler system, boom vang, Dutchman system, genoa tracks with cars, deck blocks, lead blocks, line jammers, cam cleats and braided line of an appropriate size. Most sail handling lines lead to the cockpit.

WINCHES By Lewmar are two #30CST's on the cabin top and a pair of #48CST's in the cockpit.

SAILS Conventional main sail with one reef point

Roller furling genoa

ELECTRICAL SYSTEM

TYPE 12 volt d/c and 110 a/c systems.

12 VOLT Two 4D lead acid batteries and one 4-way parallel/selector switch.

110 VOLT 30 amp shore services with a marine shore cord.

PANEL Circuit breaker protection for all systems in the panel plus d/c volt meter and a/c polarity light.

BATTERY CHARGING Newmar HDM 30


ENGINE Universal Model M35AC, 75.5 cubic inch displacement, four cylinder marine diesel developing 30 horsepower @ 3,200 r.p.m.

SERIAL NUMBER 859608 D311

RECORDED HOURS 756.98

FUEL LINES/FILTERS Primarily USCG type A1 neoprene hose with in-line Racor filter with water separator

LINKAGES Morse type with dual lever controls

EXHAUST Wrapped dry pipe to wet injection fitting, double clamped hose to an FRP water lift muffler and on to a discharge in the counter, port side.

COOLING Fresh water heat exchange system with a bronze sea water strainer.

MOUNTING Soft mounts bolted to a laminated bed.

VENTILATION Natural and 12 volt blower forced ventilation.

GEARBOX Hurth Model HBW-100-2R, ratios 1.79:1 forward and 1.86:1 reverse, marine reduction gear.

Serial # 1568191

GAUGES Tachometer with hour meter, water temperature, volt meter and a fuel gauge.

SHAFT 1" bronze.

PROPELLER 15 RH 9, fixed three blade bronze

OIL & WASTE Oil mounted on underside of lazarette hatch.

PLACARDS Waste mounted in galley.

FUEL TANK One tank of welded aluminum construction located outboard of the aft berth to port. Reported capacity is 25 gallons. Cut off valve on tank top.


THROUGH HULL Fitted with bronze ball valves unless noted.

FITTINGS BELOW Engine intake: Starboard of engine shaft, forward

WATERLINE below aft berth.

Galley sink drain/ice box pump drain: In locker inboard below galley sink.

Forward head intake: In locker inboard below forward seat in head.

Forward head sink drain/shower pump discharge: In locker outboard below forward seat in head.

Speed transducer: Plastic fitting below aft dinette seat.

Depth transducer: Plastic fitting below forward cabin sole.

Macerator discharge: Below outboard aft dinette seat.

Air conditioning intake: Below aft dinette seat.

Rudder port: Three bolt bronze packing flange atop a FRP rudder port tube central in the lazarette.

Shaft log: A dripless face seal with double clamped hose attachment to a FRP shaft log tube central forward below aft berth.

FRESH WATER Three tanks of plastic construction. Two of 22 gallons capacity with one on centerline and one to starboard below the aft berth. The third tank of 34 gallons capacity is below the V-berth. Total reported capacity is 78 gallons. Selection valves below aft dinette seat.

PUMPS Shurflo 2.8 g.p.m. 12 volt below aft dinette seat.

PLUMBING Primarily reinforced vinyl hose.

WATER HEATER Seaward six gallon 110 volt unit with engine heat exchange option.


ELECTRONICS AND NAVIGATION AIDS

COMPASS 5" illuminated Ritchie Powerdamp

VHF Standard Horizon Nova + with a RAM Mic

DEPTH Autohelm

SPEED Autohelm

AUTOPILOT Autohelm ST4000

ENTERTAINMENT 13" Zenith TV/VCR

INTERIOR Forward cabin has V-berth with tank and air conditioning system below, lockers and door aft.

Head compartment to port has a Jabsco manual marine toilet discharging to a plastic holding tank. Tank evacuated by either via a macerator motor or through a waste deck pump out. Rule 800 12 volt sub-shower sump pump.

Main cabin has a locker, seats with counter between followed by a nav station with opening chart table, electrical panel and electronics to starboard, L-shaped convertible dinette to port, galley aft port.

Galley has an insulated top loading box with an Adler Barbour Cold Machine refrigerator/ freezer system, double stainless steel sink with pressure water supply, Sharp Carousel microwave and a Hillerange two burner stainless steel propane stove with oven. Propane is stored in an aluminum tank (mfg. 8/93) in a vented locker. System is fitted with a pressure regulator, gauge and 12 volt safety solenoid.

Aft cabin has an oversized berth with storage bins, water tanks, seacocks, components of drive train and other mechanical components below, lockers outboard and aft.

AIR CONDITIONING Cruisair 16,000 BTU central system.


SAFETY EQUIPMENT: REQUIRED

FIRE FIGHTING See recommendations:

Mfg. date & Type Size Tag Gauge Mounted

2001 dry chemical BC-I -0- green aft cabin

1996 dry chemical BC-I -0- green loose with required bracket

2001 dry chemical BC-I -0- green locker in forward cabin

1988 Halon 1211 BC-I -0- green galley

PFD's Four type II adult.

LIFE RING In compliance with a Lifesling

NAVIGATION LIGHTS In compliance for international waters.

VISUAL DISTRESS Compliant at the time of inspection with:

# Type USCG approval # Expire date

1 12 gauge signal launcher

3 12 gauge meteor cartridges 160.066/10/0 08/07

SOUND DEVICE No specific equipment requirements on this size vessel. Aboard is an aerosol horn and a fog bell.

SAFETY EQUIPMENT: OPTIONAL

BILGE PUMPS Whale manual diaphragm type pump operated from the cockpit with pickup hose in the keel bilge area of the main cabin.

Rule 1500 g.p.h. 12 volt submersible with float switch in the keel bilge area in the main cabin.

Rule 1800 g.p.h. 110 volt fully automatic submersible in the keel bilge area in the main cabin.


RECOMMENDATIONS

SUGGESTIONS The following suggestions are offered to enhance safety, value and utility. However, as opposed to recommendations, suggestions do not require immediate attention for compliance with regulations or to prevent sea water intrusion.

1) Replace broken latch on engine box.

2) Repair void in the deck by the starboard forward lower chainplate.

3) Prove the operation of the knotmeter

4) Repair or replace cam cleats for traveler car control lines.


SUMMARY AND VALUATION

The Catalina 36 has been in production for many years with numerous changes, updates and upgrades over the course of it’s successful production run. This is a contemporary design with a wide beam carried well aft. This feature provides room for a large aft cockpit and a large aft cabin.

Pegasus is a well outfitted example of this model that exhibits evidence throughout of an ongoing program of care and maintenance to high standards. The overall condition appears, in the opinion of the undersigned, to be above average for the age, size and type vessel in active service in the harsh, saltwater, Florida environment.

Inspection aloft showed viewable components of the mast and rigging to be in good general condition.

The engine fired readily from a cold condition with no appreciable smoke in the initial exhaust gasses. During a sea trial the engine was operated to a maximum 3,350 r.p.m. was throttled back to 3,200 r.p.m. and operated for several minutes at this speed where the engine temperature maintained increased from 154 degrees to 170 degrees. This cold start, trial run and other procedures provided an overview of engine operation for this general survey with conditions of concern that were observed or that developed noted for repair. A mechanical survey by a qualified marine diesel mechanic would be required to learn specifics about the condition of the engine and associated equipment. The sails were set in moderate wind conditions and appeared to be in good and serviceable condition. The autopilot worked to hold or alter course as directed. The balance of the systems operated under both power and sail, performed to acceptable standards with any exceptions observed noted for service.

The electric bilge pump was confirmed to run and all of the seacocks listed earlier in this report were proved to be hand operable.

Inspection of the underbody showed the antifouling paint that had been applied over a relatively smooth and fair surface had service life remaining. Four blisters, were observed on the bottom; repair is discretionary. The cutlass bearing had no significant wear. The sacrificial zinc also had useful service life remaining. The rudder blade to stock showed no independent movement. The rudder travel was roughly equal side to side. No other conditions of concern were observed or detected through or random sounding of the bottom. The hull topside finish was lustrous.

The basic operation of each of the marine electronic systems was confirmed or noted for service. The full range of functions and the accuracy of each of these systems was not verified as part of this inspection.

FRP bondings between hull and support members were found to be intact where available for inspection.

Fuel, water and holding tanks were viewed where accessible without filling to maximum capacities and appeared in good condition. However, in order to prove the integrity of any of this vessel's tanks, pressure testing in accordance with ABYC standards would be required.

Some information in this report including, but not limited to, the vessel dimensions and tank capacities was obtained from sources believed to be reliable and was not verified as part of this inspection.

Currently available market comparatives along with condition and level of equipment were taken into account in assigning this estimated fair market value.

ESTIMATED FAIR MARKET VALUE $88,000.00

ESTIMATED REPLACEMENT VALUE $131,000.00

The survey of this vessel is based on a visual and nondestructive inspection of accessible portions of the vessel structure and available equipment.

No responsibility is assumed for defects in the hull, any machinery, or any equipment latent or otherwise. Attending surveyor, representatives or agents are not to be held responsible for any error of judgment, default, negligent omission, misrepresentation or misstatement in any report. This survey is not an inventory or listing for sale and should not be construed as such. This survey is not a certificate of seaworthiness and should not be construed as such. No guarantee or warranty is expressed or implied.

Respectfully submitted by,

Rick Shelley, A.M.S.

Accredited Marine Surveyor

Member: S.A.M.S.

Survey File #06223505CV Page 10 of 10