I know that feeling--
I bought a 147 that had a PTO that was in need of a rebuild- IE it wasn't even attached- and after waiting for parts for it and finally getting it installed I was of to mowing and couldn't be more happy. This was only after a month; I can't even begin to wonder how it would have been 8 months down the road!
I agree with lubricating the spindles-- I don't know when mine were done last before I bought it so it got 4-5 strokes per spindle, then I'd mow, then I did it again. Gotta keep them greased up!!
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Daniel G.
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(May 1970) 147 w/an IH spring assist, 48" deck, 42" blade, 1969 73, #2 trailer, 10" Brinly plow and (on loan) Dad's #2 tiller.
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