i have just purchased a late 70's early 80's boat with a merc 650 65 h.p. upon inspection with the cover off the engine and running there appears to be water coming around the top spark plug. i ran the motor for about 30 min. and it did not seem to overheat. there is also a small hole next to the plug that is leaking as well. is this normal? do i have a bad gasket or possibly a cracked head? the person i bought it from said the water pump went out awhile back and the motor did overheat. he replaced the pump and ran the boat for 2 more years without knowledge of the leak. if i do not fix asap will i blow my motor. first boat very excited to get it wet. thanks for your help