Welcome to the forum and the hobby! 
Congrats on scoring a really nice unit.. heck it doesn't even look like it needs to be restored!
And you are getting it from Tim?!  Nah just kidding.. you will be getting an extra good deal if Tim was involved... he is a great guy and very knowledgeable about these little beasts! 
Just a fair warning.. these little tractors are very addicting! 
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Jay
40 years of Using and playing with IH Cub Cadets!
Proud owner of the following:
Cub Farmall, Super A Farmall, Original, (2)70's, 72, 100, 102, 123, 105, 125, 127, 108, 128, 1450, (3)782's, Yellow 982, 1782, "Sam's" 2182, M Farmall and a #7 trailer
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