I just bought a boat of a man for 800.00 with a johnson 25HP 1973 motor. It started right up and seemed to run very well. I feel was a good buy. However now that I have had a chance to really look at the motor I have noticed some things that are not right. I changed the lower units lub and it came out looking like heavy wipping cream, off white.. I know this means there was water in the lower unit. also when I ran the motor I noticed there was no tell tail. Is there a tell tail on this motor? also I know I am going to want to change the water pump. I am prepared to do the work. I have the Clymer manual already. However I was taking the lower unit off today and notice when I was getting ready to disconect the shift rod that it is very baddy rusted. Is this an easy part to get? Also is it wise to use an RTV sealent when puting the lower unit back on as too keep out the water. I noticed that one of the 5 mounting bolts was missing so this could be a way for the water to get in. Also does this motor have a thermostat? I can't find it. <br /><br />thank you in advance<br /><br />Michael Moore