Water inside motor cover 1995 40HP force

I noticed water inside my motor cover. (no pee tube) Upon further investigation I discovered the front two of six power head bolts loose. Tightened but did not resolve the issue. I presume I must replace gaskets under power head. PH removal looks pretty simple.

1 Remove lower cover
2 Disconnect linkage, wiring harness, and fuel line.
3 Remove the six PH bolts
4 Take PH off

I presume it comes off drive shaft and shifter shaft/linkage. Am I overlooking anything?

Thanks in advance.

A pic might help. I’m thinking maybe the rubber grommet from water pump tube going into P.H. ? It being a force and it being 25 years old worst case… corrosion eaten through block?

Chris?