thanks for all the responses. i dont know for sure if it had an oil cooler, but it has the two lines coming off the oil filter housing that look very similar to the oil cooler lines on a w123. therefor i figured it did have one. after reading this and consulting a few manuals i think i will just loop the oil line and run it as usual. ill be sure not to drive for more than an hour or so without letting the engine cool down. im just planning as scooting around the neighborhood anyway since the cars got 700$ in back fees.

thanks again for all the comments