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You're seeing water out the telletale when pressure applied bc it's taking the path of least resistance. The motor isn't overheating at that time bc it's not under load. In contrast, when under load and no external water pressure applied it's overheating. My guess is water isn't circulating around the head, i.e. blockage. 30 yr old motor. When was last time you pulled the heads off to clean out the water passages?