- There is no filter to filter the 2 cycle oil.
Thanks for the confirmation.  Now I have one less thing to worry about
 - There usually is no water seperator unless one was added later.
 Racor makes a nice unit. The actual filter element looks like an
 automotive oil filter, but has a clear bowl with a drain on the bottom.
 Be sure to get the filter specifically designed for outboatbord use. It
 will have a 10 micron filter element.
I will look for it in a marine supply store.  As mentioned in my other
post, I will look for one that is inline (if such thing exists) instead
of one that requires me to mount it vertically.
 - I never changed lower unit oil in a Merc. On an OMC they are located
 just below and above the gearcase. It vents through the fill.
Seem like I definitely need a copy of Mercury Outboard Owner Manual
before doing the oil change.
Jay Chan