Yes to all your questions
You have a couple choices for a manual. For about 35 bucks you can go with a Seloc's manual for "Mercury's"(sold in book form or electronic - don't get a Mariner manual, those deal with the Yamaha build models - totally different beast). It covers all 1&2 cylinder models so some diagrams etc are of slightly different models/horsepowers but it is written for the "back-yard mechanic types" giving you step by step instructions and a list of do's/don'ts. Clymers also produces an aftermarket manual but in general I find them "lacking" in comparison.
Your other choice at $80+ is a factory service manual. Merc part number 90-826883R2 in this case. It is very specific to the 20 and 25 horse models (which share about 99% of their parts) but it is written for "Merc tech's", so it makes assumptions that you already understand the do's/don'ts etc - but if you ever do major work (as opposed to regular maintenance), it's a definate must.
The small Merc's, 25 horse and under, produced between 1986 and 2005 are truely outstanding little motors. The powerhead and gears were built by Yamaha, the ignition is Merc's Thunderbolt 4 and the carbs are Walbro's - possibly the best combination of parts ever assembled.
Very little goes wrong and there are no (NO) chronic or legacy issues with these models. I would check to make sure it has a thermostat. Merc tried saving a few cents by not installing a thermostat in all models (they sell for about 20 bucks). While you can run it without one it has a noticably better idle with one installed (and it will lengthen the lifespan of the motor).
Other than that, I would change the gear oil every year (takes less than 9oz of gear oil - any 80, 90 or 80/90 weight oil that is GL-5 rated is perfect - as long as it has GL-5 on it, you don't need to pay double for "marine" gear oil). I personally change the plugs each year in my two small Merc's. Only use NGK plugs (BP8H-N-10's gapped at .040" in this case). They sell for about 3 bucks a piece, so a cheap "tune up". If you can't find NGK's you can run Autolites but NOT Champions. Champions resistance isn't designed to work with the high voltage coils used in this ignition and while they will fire, the performance will suffer and the plug life will be cut very short.
Since you have just picked this motor up, definately change the impeller (and yes, you have to drop the lower unit - Seloc's will walk you through it). Merc recommends replacing the impeller every 3 years or 300 hours of use, whichever comes "first". I run my motors alot and live in Canada (temp swings between the 90's and -20's) so I replace them every second year - figured the rubber has taken enough abuse by then (and 18 bucks for an impeller is alot cheaper than an overheat).
That's about it for maint - gear oil, plugs, impeller and check the thermostat (or install one). With minimal care you could easily get another 20 years of troublefree service from this motor.