Ok, that is completely different than your post reads....
So, you need to adjust it? Did you try that?
Here is a link to the manual for your machine. Read up on PTO adjustment.
http://www.onlycubcadets.net/forum/s...ead.php?t=4644
Edit:
You talk about wear on the lever.... post a pic and let's see what your talking about. Your terms don't make much sense.