UPDATE
This morning I woke up with the need to grind metal. That's right. Braze-ons have been ground off using the grinder my dad lent me. I also ground of the derailleur hanger. Here are a couple of pics of the bare metal frame and seat tube lugs. And yes that is rust! I'm gonna steel wool the surface rust at lunch today, prep it for primer and prime the sucker. Also gonna get me some Framesaver or equivalent. She'll be done soon! Yay!