Thanks for the tips Bertsmobile. You were right to be skeptical about the drive belt being that one that was burning. To my naked eye, that is 100% what it looked like when it was happening, but upon closer inspection, the mower belt is the one that has burns on it. Haven't got it back together yet to test, but I was definetly on the wrong side of that spindle brake. Hopefully, the belt's not too short as well.