I have a 1971 50hp mercury 500 and have drained the lower unit oil. Upon doing so there was a little water mixed in with the oil which was gray/foamy. It is an older engine and I dont think it really has been changed all that much. It has only been ran in freshwater, and the bottom plug did not have any washer. Could it have gone through there? If it were a bad leak wouldn't it be really watered down from not being changed for so long? I guess my question is should I give it a try with the washers in place or do I have to do some more work to it?