You might swapping out the condenser. If your points look good, that might not be the problem, but it too is a wear item. I got rid of the clear fuel bowl on my 126. I found at NAPA a 90 degree shut-off valve (don't recall the part number) with a pipe thread and screwed it into the tank. I put an inline filter just downstream of it - no leaks.
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IH Cub Cadet 109
IH Cub Cadet 126 (2)
IH Cub Cadet 149
IH Cub Cadet 1650
MTD Cub Cadet LTX1042
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