"The Rhino SE7 requires a minimum PTO HP of 45.
Your New Holland TN 55 has a PTO HP of 42.
Usually you want even MORE HP than the minimum required for a rotary cutter. You have less than the minimum, so I would not recommend this combination "
Although Gatorboy has a point about the recommended PTO HP "requirements", I ran a cutter the manufacturer recommended 20 (PTO) HP minimum. I used a 16.5 PTO HP tractor to operate it..other then having to take partial passes when it got really thick, I had no problems at all. This was a field that had grown for two or three years...the stuff was thick and as tall as the cowl (or higher in some places).
My current tractor, a Deere 790, has 24 HP @ the PTO...I'm running the same cutter and have no doubt this tractor could handle a 72" cutter if used with a modicum of common sense. The weight of the cutter would be more of an issue with my 790, then the "minumum" HP requirements.
So, I'd go for that 84" cutter...your 42 PTO HP will be more then adequate if you use common sense.