First thing I see from the pictures is that the Over running clutch is making the situation WORSE. Look at how far back it makes that pivot point. If the clutch was on the mower it would make it better. I bet it could not be put there though. This tractor does not have live PTO?
That is why fyingace said to add an extension to the PTO, BUT it needs to be on the mower end of the shaft.
Is the top link in the lowest hole at the tractor? Are you sure about the position vs draft setting? Change the small lever and verify that makes it worse. It may be opposite of the way you think it is.
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