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I had to do this 20 years ago on a 74 Johnson,
After you get that shaft out you will need some long snap ring pliers to get the rest out.
I used needle nose vise grips and ground the tips small this way I could grab the split ring and then use the screw on the handle to closer up the ring so it comes out, same for going back in, put it in and unscrew to let the ring open back into place.
its easy when you get there, just drill and tap new hole, clean all meteal shavings out and reassemble.
Good Luck!
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