A mount apparatus for a trolling motor provides latching positions for the stowed and deployed conditions of the trolling motor. Locking the mechanism in either the stowed or deployed positions is accomplished solely by moving the shaft of the trolling motor assembly in a lever-like movement about a pivot axis which extends through the base and transmission structure of the mount apparatus. This locking procedure is accomplished without the necessity of moving the shaft in a direction which is generally parallel to its central axis. As a result, the locking movement required by an operator to latch the trolling motor in its deployed and stowed positions is ergonomically preferable to known types of systems.