Have you checked air filter? Post model & serial numbers from engine data plate. Air or water cooled engine, thanks Mark
See Troubleshooting Guide above. "Engine overheating" may be problem after reading symptoms you posted.
Looks like your engine is water cooled, impeller loose & slipping on water pump shaft & bearings may be on their way out. Water Pump may be a recall item, I would call Dixie Chopper with all Engine Information. Replace thermostat every time you replace a water pump. Being 10 yrs. old I would use new antifreeze. Let us know how it goes, thanks Mark