Gentlemen,
I would like to thank you all for your input, time, and expertise in trying to help me with this issue. As a longtime forum web-forum user its a pet-eave of mine for someone to ask for help and not have the decency and respect for those who took their time to respond and try to help not to follow-up in return. So, in keeping it real with the old adage that what comes around, goes around, I wanted to provide the following update.
Unfortunately, I was not able to get the unit working. Where I left off is, I never did anything with the diverter valve. Thought about it for a couple weeks (while funds were low) and decided to sell the tractor in its current condition. Surprisingly, I actually came out okay on it (and yes, the gentleman who bought was made aware of all its known shortcomings).
Then, just last Friday I found a John Deere 4100 hydro 4x4 and brought it home yesterday morning!! It'll need a few things so I'm sure I'll be chiming in on the Deere forum and hope to converse with you guys there sometime. But overall it seems to be a pretty solid little machine. And hopefully one of these days as I piddle with my tractor I'll be able join the ranks and be able to help others the same way you have me!
Thanks again,
RM