1980 puch magnum ii running poorly

Pat Kelly /
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Recently acquired an 80 puch magnum ii from a friend that was running fine a year ago. After tinkering and learning ignition coil was no good (and replacing it) cleaning carb, it started. It seems to idle fine but smokes like a chimney. Also it bogs down to a halt/stall when giving it anything past half throttle. Runs extremely hot also. Any suggestions

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