Preferred Ship Mortgage – American Vessel Documentation

§ 67.233 Restrictions on recording mortgages, preferred mortgages, and related instruments.
(a) A mortgage or assumption of mortgage which otherwise meets the requirements of this subpart is nonetheless NOT eligible for filing and recording if:
(1) The mortgagor or assuming party(ies) did not actually hold legal title to the interest in the vessel being mortgaged or covered by the assumption at the time of filing of the mortgage or assumption; or
(2) If the vessel(s) which the mortgage cover(s) is (are) not documented or not the subject of an application for documentation.
(b) A mortgage of a vessel 100 feet or greater in length applying for a fishery endorsement is eligible for filing and recording as a preferred mortgage only if it meets the requirements of this part and the requirements of 46 CFR 356.19.
(c) The requirements of paragraph (b) of this section do not apply to the mortgagee of a vessel identified in § 67.11(b) or to any other vessel to which the Maritime Administration has given approval for unrestricted transfer pursuant to regulations in 46 CFR part 221.
All instruments supplemental to mortgages must recite information which clearly identifies the mortgage to which the supplemental instrument is applicable. Such information will normally consist of the book and page where that mortgage is recorded and the date and time of filing. If the submission of the supplemental instrument is contemporaneous with submission of the mortgage, the information should include the names of all parties to the mortgage, the date of the mortgage, and the amount of the mortgage

1. VESSEL NAME*

A SCHEDULE MAY BE ATTACHED IF MORE THAN ONE VESSEL IS AFFECTED BY THE INSTRUMENT ATTACHED.

ADDITIONAL VESSELS ATTACHED

2. OFFICIAL NUMBER OR OTHER UNIQUE IDENTIFIER*

LIST COAST GUARD ASSIGNED OFFICIAL NUMBER, MANUFACTURER’S HULL IDENTIFICATION NUMBER (HIN) ASSIGNED IN ACCORDANCE WITH RULES IN 33 CFR, OR OTHER UNIQUE IDENTIFIER, (STATE MOTORBOAT NUMBERS ARE NOT CONSIDERED UNIQUE IDENTIFIERS.)

3. INSTRUMENT TYPE (CHECK ALL THAT APPLY)

PREFERRED MORTGAGE
CHATTEL MORTGAGE
AMENDMENT
ASSUMPTION
SUPPLEMENT
SUBORDINATION
ASSIGNMENT
OTHER (DESCRIBE)

4. NAME(S) AND ADDRESS(ES) OF GRANTOR(S) (MORTGAGOR(S), ASSIGNOR(S), ASSUMING PARTY(IES), OR OTHER(S) - SEE INSTRUCTIONS)

GRANTOR. FOR PURPOSES OF THIS FORM, GRANTORS INCLUDE MORTGAGORS, ASSIGNORS, PERSONS ASSUMING MORTGAGES, PERSONS GRANTING SUBORDINATION OF MORTGAGES. LIST ALL GRANTORS AND ADDRESSES. A SEPARATE SCHEDULE MAY BE ATTACHED IF MORE ROOM IS NEEDED.

INTEREST OWNED IN VESSEL OR HELD IN MORTGAGE AFFECTED BY ATTACHED INSTRUMENT _______{e9e33735571cc695c6a3bf422da06e6252ad4601cc8090d4754961ffac6a13e2}. (100{e9e33735571cc695c6a3bf422da06e6252ad4601cc8090d4754961ffac6a13e2} UNLESS OTHERWISE STATED)

5. NAME(S) AND ADDRESS(ES) OF GRANTEE(S) (MORTGAGEE(S), ASSIGNEE(S), OR OTHER(S) -- SEE INSTRUCTIONS)

GRANTEE. FOR PURPOSES OF THIS FORM, GRANTEES INCLUDE MORTGAGEES, ASSIGNEES, PERSON FROM WHOM MORTGAGES ARE ASSUMED, AND PERSON TO WHOM SUBORDINATION OF MORTGAGES ARE GRANTED. LIST ALL GRANTEESAND ADDRESSES. A SEPARATE SCHEDULE MAY BE ATTACHED IF MORE ROOM IS NEEDED.

PERCENTAGE OF VESSEL MORTGAGED OR MORTGAGE ASSIGNED __________ {e9e33735571cc695c6a3bf422da06e6252ad4601cc8090d4754961ffac6a13e2}. (100{e9e33735571cc695c6a3bf422da06e6252ad4601cc8090d4754961ffac6a13e2} UNLESS OTHERWISE STATED)

6. AMOUNT

NOT USED FOR NEW CHATTEL OR PREFERRED MORTGAGES. MUST BE COMPLETED FOR ASSUMPTIONS, ASSIGNMENTS, AMENDMENTS, OR OTHER INSTRUMENTS MODIFYING CHATTEL OR PREFERRED MORTGAGE FILED PREVIOUSLY OR CONCURRENTLY.

Book

Page: File/Recorded Date: Time:

OTHER IDENTIFYING DATA:

8. AFTER YOU RECEIVE THIS COMPLETED DOCUMENT, THIS SECTION WILL BE COMPLETED BY A NOTARY PUBLIC, WITH BOTH PARTIES PRESENT: REQUIRED SIGNATURES AND NOTARIZATION:

CHATTEL OR PREFERRED MORTGAGES, AMENDMENTS, OR SUPPLEMENTS: GRANTOR AND GRANTEE OR PERSONS ACTING ON BEHALF OF THOSE ENTITIES.
ASSUMPTION OF MORTGAGE: ASSUMING PARTY AS GRANTOR, ORIGINAL MORTGAGOR AND MORTGAGEE AS GRANTEES, OR PERSONS ACTING ON BEHALF OF THOSE ENTITIES.
SUBORDINATION AGREEMENT OR ASSIGNMENT: GRANTOR OF SUBORDINATION AGREEMENT OR ASSIGNMENT, OR PERSON ACTING ON BEHALF OF THAT ENTITY.

PREFERRED SHIP MORTGAGE

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