Make sure the pads are not rusted in place so they aren't able to slide freely back and forth, if rusted grind or file away that rust and lube the sliding areas. If that is all good or doesn't help, install new calipers and bleed. Also , those years had a common issue of rust starting in the brake hoses where the metal meets the rubber. There is a protective rubber sleeve over that part of the hose, and it traps moisture and salt which corrodes badly , but you cant see it til the hose lets go or you cut that sleeve off.
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Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
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