Re: 1996 115 Water pump change
Get yourself a service manual. Although Casey has provided the basics, he has left out some details. You will need some aviation gasket maker (brush in can type) as well as some permatex #2 non-hardening and some marine grease to do the job.
I have done many a Merc myself, but the Johnnyrudes are a little different, expecially installing/ removing the impeller drive key.
You will need to glue some orings into places using the permatex, install some gaskets using the aviation gasket cement, etc.