Ken
That tractor's is pretty decent shape! I think if the 1225 decal on the right side is as good as the left what I would do is carefully mask them out with 3M fine line automotive masking tape and carefully wet sand around them with a 600 grit paper. Leave enough room so you could sand the top of the hood better and feather any necessary primer in an area away from the decals. The headlight panel would be black like the other tubeframes wouldn't it? If it's supposed to be black then you could use one of Jeremy's for the 1050. His headlight decal is excellent! He also is the only source I know of for the hood stripe. I would just refinish the hood and the fender pan. You'll see a tremendous improvement in the overall appearance.
I see it still has the clear steering wheel cap, is the husky man still visible inside? If not Jeremy has the steering wheel decal also. What I did on my old clear cap was to polish it with polishing compound and then mount the decal from the inside with clear packaging tape. On a black cap that I put on my 69, I used his decal from the outside and it looks good that way too.