Pads worn down to far?
not for everyone, and not for every tractor, but i have two peerless trans. from 70-80's era. And i make my own brake pads from almost worn out car disc brake pads. I use a angle grinder cutoff wheel to cut them out. Now i am using small car pads that i have had after changing pads for people, and the metal back plate is thinner than a lot of bigger cars. Plus i have to usually grind off some of the pad material as well, but they work great and cost nothing. But as i said, not for everyone.

That nylock is an adjustment. Tighten it until there is slight drag, then back off a bit. There should be an adjustment on the actuating rod as well (double nut) that you can adjust in the same manner. Car brake pads, I thought I came up with that idea! If only Autozone had Duralast tractor pads.

My Idea !!!! LOL I also have a lining from a big truck to make those small pucks, its least 5" wide and 1/2 inch thick, good for making those little round pucks .

Thanks to all of you- this is a real boost!
Actually, the existing pads are not worn down too far, but I will be watching them.
And--- yes, I am a *Dremel Pilot* from waaayy back :-)
.. Now back to that rewiring mess....