What is the voltage to Driver and Final - IN AM mode - at TP7 or TP8?
Else you may have a TX transistor (aka MB3756 Toggling issue)
How's the RX/TX light - works ok? TR35 goes to the CB PA switch off of the MB3756..
Since you have SSB mode - if you posted differently - correct me, but you also get "mod" you did not say if you watched the RF meter or the Mod meter - again correct me if I'm wrong.
But what this seems to be is if you lost the AM yet SSB works - TP7 and TP8 IN SSB MODE would still show full battery supply - in AM it drops to about 4.5 volts - as much as 5.6 volts...
Now what I find that fails in this is the 1N60 D54(correction on the previous post) samples the AM power carrier and makes it adjustable thru a voltage divider circuit R195, D54 into Pre-driver of Darlington TR42 - and other half of divider uses R194, D63, R228 and C173 - with OFFSET from VR10 (8VTX regulated)
The graphic posted shows the AM and SSB MODE selector and how it bypasses the AM Regulator TR41 and TR42 and also includes the Divider circuit that
OVER 130% MODULATION!!! as done in a previous thread - @ExitThirteen used to show asymmetry.
You cant do this on a regulated AM regulator like a Galaxy or Uniden that do not use a divider like the above...
Unfortunately - I blew it up - but the thread still exists...at your leisure to read...
IF you build it, they will come...