Just as Winston says...That pivoted top link mount is the sensing mechanism for automatic draft control. Draft control automatically raises a 3pt implement if it runs into an obstruction to forward motion.....like if a plow if it hits an obstruction underground. Auto Draft control is an optional accessory on most farm tractors of that size and up. It's the automatic version of manual draft control - which is just the operator with one hand on the 3pt lift mechanism and constantly adjusting the plow or blade depending on the toughness of the substate and whether there are any rocks.
Draft control is actuated when anything makes the 3pt implement harder to pull through or across the ground. When pulling gets tough, the pulled implement tries to pivot forward and in doing so it puts the top link under compression. The spring & pivot mechanism of the top link mount determines how much compression it will take to actuate draft control. As that mechanism is compressed, it opens a valve to the hydraulic system and feeds a bit more fluid to the 3pt lifting piston...lifting the implement just a touch.
Take a look at yours and you will see several holes that the top link can be mounted in. Mounting closer to the mount's pivot point decreases the sensitivity of the draft control.
When the control actuates, it very quickly raises the implement in a series of small jerks until the top link is no longer in compression, and then it bleeds off the pressure holdng things off over a slightly longer period of time. So the plow or whatever returns to its original position.
There are times when you don't want automatic draft control. An example is when using a 3pt backhoe. So there is a control to turn it off. Used with a 3pt backhoe the auto draft control can become a literal killer if it lifts unexpectedly and pins the operator against the back of the tractor.
rScotty