I do have some concern about the vertical crack, that area needs to be investigated thoroughly. My ‘88 Hunter 33.5 with cast iron keel had same problem with rusting after 10 years in salt water. Apparently hunter applied gelcoat to the keelstub / keel interface on these boats and the gelcoat eventually cracked. Check for leaking keel bolts, if they are ok, then clean out the groove at the stub, get the keel blasted down to bare metal and immediately coat with interptotect 2000 epoxy. Fair the keel with filler where significant rusting has occurred and recoat with several coats of Interprotect. Fill the groove at the stub with 3M 5200 and recoat with your favorite ant fouling paint. A temporary fix would involve sanding the keel to remove some antifouling paint, sand/grind out the rust spots, coat exposed metal with interprotect, fill/fare, more interprotect, and finally antifouling paint.