Update on the sprocket wear...
I removed the chain guard for a closer look and the inside of the rear wheel sprocket is severely worn. This tells me the front is either too far out or the back sprocket is too far in. Using a laser sighted straigt edge on the rear sprocket face, they are off 3/8". Holy smokes!!! I have to say there is no way the front can be off that much. Has to be the rear. I double checked the rear wheel adjusters and they are dead even. Then it dawned on me this is not a factory set up. The rear wheel is a drum brake comstar from a K model. Not your typical F setup with a disc brake. Anyone know if this might be the issue? All I can think of doing at this point is to remove the rear sprocket and install 3/8" spacer to move the sprocket out.