Do what he says and also look again in the manual. Do you have parts or workshop manual?
That 3pt lowering speed valve can be removed entire and it has O rings too. They get old and need replacemet. Easy job, but look at the exploded diagram first.
The O ring on the lift cylinder piston requires taking the top off of the 3 pt. on most tractors. I'd have to check about the JD650. It sounds terrible but is actually an easy job.
If you want, I have some Yanmar parts and workshop manuals that are close enough & can post some images if you want. As you probably know, the JD650 is a re-badged Yanmar, and so the old Yanmar group - which has an active vintage site - is a better source for technical and mechanical info.
However, even though Yanmar made the JDx50 series - not many parts cross over.