Here is what I can see/tell from my inspection. The area where the MC mates to the booster shows signs of fluid that has leaked at some point and as the picture shows there is some corrosion and deterioration of the paint from that connection area down to the bottom of the booster. The booster feels "oily" on the bottom, not watery, and there feels like there is a loss of the paint and some corrosion. I purchased the car almost a year ago and have not had to put any fluid in that I remember. The brakes are firm, bit I have to apply strong pressure to stop well--I am use to more modern car brakes, but my first car was a 1994 mustang and I don't remember have to apply the kind of pressure I am to get good stopping.
Based on the observations and the comments, I think I need to clean out the fluid in the lines, replace the booster and MC, and put in fresh fluid.
I appreciate the input.