Hi Eckenrot, welcome to the forum! As cubdiesel fan states, it's probably the hyraulic oil going past the seals in the steering cylinder. I've had that happen on both my 1572 and 1772. Not too bad of a job to do. If you do a search, you will find more details and info on sources for parts - fairly cheap. The only thing after the repair is done is the cap of the cylinder needs to be welded back on.
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1989 - Cub Cadet 1772
1987 - Cub Cadet 1572 w/Rear PTO & Cat. 0
38" Lawn Sweeper #196483
42" L42 (Bush Hog) Rotary Cutter # 190349
45" 2-Stage Snowblower # 196364
48" Haban Rotortiller Rear PTO Driven #190356
54" SnowBlade with hydraulic Angle #196376
60" Haban Mowing Deck #196374
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