Calvin Peete holed his second shot for an eagle on his 16th hole and moved into a one-shot lead today after two rounds of the $500,000 USF&G Classic.

"I felt it was going to be close, and I really didn't see it go in the hole, but from the crowd reaction, I knew I'd made it," Peete said of the 150-yard 6-iron shot on the 405-yard seventh hole.

Peete, seeking his second 1986 victory, shot 5-under-par 67. That put him at 135 for two trips over the Lakewood Country Club course.

Going into Sunday's windup, 36 holes because of Thursday's rainout, Dick Mast -- who describes himself as "sort of a veteran rookie," having lost his PGA Tour privileges three times in a decade -- was alone at 136. Mast, 34, twice holed out from off the green and had an eagle and five consecutive birdies in an 8-under-par 64 in biting cold morning wind.

Defending champion Seve Ballesteros of Spain, here on an exception to his 1986 ban from the U.S. tour, shot 72 -- 147 and missed the cut by one shot.

Jack Nicklaus, after shooting 74 Friday, withdrew because his mother-in-law died.