Thanx for the help everyone.

I finished cleaning everything, now comes the putting it back together.

Currently i'm putting the axles back in the wheels, im not to sure how to do it with a QR i read on sheldon brown its a bit different, thats what i'm attempting tomorrow.
does anyone recommend any tires for the wheels? It had a 700x25c on it before. Im thinking all black tires, not to expensive but decent.

so thats the plan so far. And i plan on keeping it for now. Im getting excited thinking about riding it!