Yesterday I started to hear a "clank" in the rear like two metal plates hitting each other. Sounded like it was coming from the parking brake area. I put my new 125 jets in today and went to go for a test drive and felt that familiar drag on the driveline and heard the clank. Could not get it to release this time. Boy did I NOT want to tear into that today (10 degrees out).
Special thanks to Russell McIntire for the great write up on this. Russ if you want to add something. On the 712, I had to loosen all 4 body mounts on the central tube support (between axles) in addition to the one above the trailer hitch. The acorn nut above there was STILL a total PITA (If I ever get my hands on THAT engineer

When I finally got to the brake assembly I was shocked at what I found:




There was a thick black powder all over everything. I'm assuming it was from the pads. They look like they have plenty of lining but the lining is cracking in several places. I couldn't believe how rusted everything was! The draw straps, the lever, everything. The pin for the straps was fused to them. Took a BFH and a puch to knock it out! YUCK!!!
I've guessing I'm pretty screwed and will have to replace EVERYTHING in there. Any suggestions on what to clean up the housing with. The braking surfaces actually look pretty good, no gouges or anything. I'm thinking a brass wire wheel to clean up the back of the hitch assembly (but not the actual braking surface).
Can't really tell if the seal from the rear locker is shot or not. Doesn't seem to be any oil in there, just rust and crud. I'll look at it better after I clean it up.
Any advice appreciated.
Thanks again, Russ!