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Sounds like a bike that needs some TLC by a new owner. The issues you have mentioned are a simple fix in most cases. Starting with a bike that needs TLC is a good way to learn about the bike and hone your wrenching skills on the minor stuff. Assuming the bike hasn't been bent or treated real bad you may have a diamond in the rough.
We have a wealth of knowledge and experience here and are more than willing to share.
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