you got to consider the size of that seal too its freaking tiny and theres only one compared to the two big ones in back. A lot of motors I've worked on have had that and still run for a while. I dont even think it's oil prolly just your grease like you said cause its splattered outward, when the oil leaks inside the cover theres a residue inside everywhere and a puddle sits in the bottom.
i dunno when you did the bottom end last but if it wasn't to recent then fug it you got it that far apart flip the motor over pull off the bottom case so all the dowel pins stay in place, put a new one on and seal it back up. You probably noticed already but the seal is only suppose to go in one way one end of the seal is longer than the other i forget which end faces which way I'd know if it was on the bench in front of me but I can't picture it right now.