I bought an older 76 bowrider with a 66 merc 4cyl 65hp. I took it out yesterday and much to my relief she ran pretty well. My question is about the controls. There is a black button to hold down while starting. Is this a choke? Does it need to be held down every time I start it or only when its cold? Also, the starting lever, what position does it typically need to be in for starting hot or cold? Thanks much