You are dealing with a machine that has not been used for years (yard art). The grease squeezed into that rig thru the years is now the consistency of concrete. Looks like you have an IH #8...they are real easy to take apart and even easier to clean up. There is a pin thru the axle after you get that hub off, push it out and the wheel and lifting hub should slide off the axle. (Someone on this site smarter than I am might be able to show the details as per the operator's manual.)
Lay the open hub on your workbench and dig, scrape and wipe out all the old grease and dirt. Check the lone interior spring for tension; if ok then give the moving parts a little oil coating.
Then check the return spring on the trip lever for tension (looks intact in 3rd pic). Take apart, clean and grease the clamp that serves as a fulcrum for the trip lever (it shows in 3rd pic).
While you own the plow do not grease those hubs very often...people did that years ago figuring more grease is better.
The only proper place for lots of grease on a plow is on the moldboards during non-use.
After putting it all back together you should be able to hook it up and start plowing!
If you can plow some real sandy soil (no rocks) that will help shine up the moldboards. Seeing how rusty they are you might need to plow several hours (I plowed for a total of 6 hours with moldboards like on your plow and now they shine like a mirror). Take a good strong putty knife with you and clean off the moldboards every time you lift the plow...yes, that's a lot of bother, but if you want a fun time plowing then you have to do "what needs to be done".
While you are at it, an easy way to put a sharp edge on those coulters is using a flapper sandpaper wheel in a high speed drill....if the coulters turn easily you can sharpen as they turn due to the pull of the flapper wheel. (Coulters do not really need to shine, if sharp they should do just fine).
Do you have an operator's manual? A manual is a great help in properly aligning the plow to your tractor. "Binder's Books" have good manuals.
Tie the trip rope to your tractor with something that will break or a clip that will slip off easily...hitting a rock and having the plow stop and the tractor keep moving is for more excitement (and pain?) than you will want if you are using a stout rope.
Properly aligning a plow is for another day, another chapter. Properly aligned, a #8 is a great plow to get 'er done.
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