I had the exact same thing happen to my 720 diesel when out disking one day. Turned out it was the fan shaft drive gear on the governor shaft. It had broken before and some idiot put it back together with a gob of JB weld. The gear and the shaft were junk. I ended up going to a yard and getting a whole gov shaft with a fan shaft drive stub also. I suspect that you will find a similiar issue.
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Today's Featured Article - The Niagra View Mobile - Powered by a 1959 Ford Tractor - by Mark Massey. In 1959 the Niagara Frontier Transit Inc. of Buffalo, New York designed and built six Viewmobiles for the Niagara Frontier Sightseeing Inc. for use as a sightseeing ride at the Niagara Falls State Park, Niagara Falls, New York, powered by a 1959 Ford 611 Tractor.
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