The United States Code pertaining to the filing and recording of mortgages and related instruments is Title 46 USC 313; the applicable regulations are found in Title 46 Code of Federal Regulations, Subparts O, P and Q, Sections 67.200-245. The U.S. Coast Guard acts principally as a recording agency in regard to mortgages and related instruments; therefore, it is suggested you review the cited references and/or seek private legal counsel for additional information. There is NO government form for a preferred mortgage; however, there is an Optional Application for Filing form, CG- 5542. This form may be attached to a mortgage or related instrument. If CG-5542 is properly completed, the instrument to which it is attached will be filed and recorded WITH NO FURTHER REVIEW. An original or a copy of form CG-5542 must be submitted with an original or a copy of the mortgage. The mortgage or related instrument must include the following: