Nearly all Catalina sailboats built befor mid 1988 have what is known as “The Catalina Smile“. This condition is a crack on the top side of the leading and sometimes trailing edge of the keel between the fibreglass keel stub (hull) and the bolted on lead keel. Most bolted on keel boats have this condition to some degree. The keel cracks have many causes and combination of causes. They are probably caused by hard grounding, improper lifting, improper support and blocking when hauling out, wave action, improperly torqed keel bolts and many other reasons.
With pre 1988 Catalina sailboats this condition is agravated by the manufacture placing two layers of plywood in the keel stub with a thin layer of fiberglass over the top. Once a small crack develops in the keel joint water can leak in to the plywood through the keel bolt holes or thru holes or cracks in the bilge floor. The plywood gets wet and eventually rots. The weight of the keel pulls the keel bolts down into the softend plywood and the cracks open up more allowing more water intrusion.
Just patching the crack will result in the cracks returning in a short time. The proper way to repair the keel is to cut the plywood out of the keel stub, clean and inspect the keel bolts and rebuild the space occupied by the plywood with fiberglass. Catalina has issued a bulletin with their spesifications on how to do this and there are several good web sites showing how to do it. After the keel stub has been repaired the keel bolts shoud be torqued with new nuts to factory specs. Then it’s time to go outside, clean the cracks, seal and fiberglass over.
This is a very simplified version of the many times mis-understood condition.