Try removing a few of the other bolts in the mount to see how snug they are. If they are loose, then the chisel or star bit will work fastest(best). If snug, the a small drill and an easy out is best (cheapest). The end of a file or concrete nail works too, depending what you have laying around the garage. The problem you will have is that the boken stub will not lend itself to a centered pilot and a regular drill will try to move it inward. However, some of the stuff being posted that you need to buy will NEVER be needed again, so keep your purchase tactics in mind for this. Another method I've used is to stuff a live welding rod in there and have it fuse to the bolt. The heat and the steel is enough to back it out. Oh yeah, there will be some sputter in there, but its faster that fixturing your tractor up in a mill, lathe or drill press, boring out the bolt .0001" undersize and chasing the threads with a 17mm metric tap. As I read it, this is a cosmetic issue more than a safety issue. If this was a cylinder head bolt, maybe a more serious problem. The probability of you actually laying the tractor over on its roof times the side you choose to roll with, divided by the remaining bolt attachment strength is a pretty small number.