Did you buy this mower used? If so, you may have found out why it was for sale.
When does it break the belt, when you engage the mower or just randomly, in the middle of a cut? Engaging the mower puts lots of stress on the belt and my advice on that is engage the mower at low engine speed, then add throttle. Also, get rid of the nanny-state, protect-me-from-me switches that disengage the mower.
Of course, if that's not when the belt breaks, that's not the problem. It's still good advice, though, and will also make your electric clutch last longer.
In the other case, where it breaks while running: It's hard for me to imagine how a belt can break and look like it was 'cut by a knife' unless it's running so loose that it can deviate from its normal path and contact something sharp. Make sure you have the belt as tight as the manufacturer recommends.
Also, if you're buying belts from Cub Cadet, you can probably save money by buying the belt at an auto parts store, like NAPA.
Good luck.