Thank you Bianchigirl!
Thank you for the recommendation. I will try to post more pics of the bad rust soon.
Do you have a recommendation/source for replacement parts - shifting levers, seat tube and seat, stem?
Also, would you recommend upgrading the derailleurs, brakes, etc. or do you believe the existing components are sufficient? I just don't know the quality of suntour and modolo components.
Thanks again!