The issue looks like it is the forestay.
I have a ratchet back stay adjuster on my 40.5 and if I wind it up we get loads of pre-bend, the mast never sits on it heal like that.
We do sail ours in strong winds and big seas. the pre-bend is needed to de-power the rig.
Also there should be no way water get from the deck ( by the mast) to the bilge. the foot is sealed and so are all the electrics or you have a problem.