Some of the N50's were packed with a white grease. It tends to seperate. So the oil portion finds it's way out. It sounds like it is getting into the motor case, and is running down the inside of the column. Hobart now uses a brown clay based grease --- Darina 2.
If the amounts are small, and the mixer is not excessively noisy, I wouldn't be concerned. If you wanted to fix it, the transmission would need to be removed, cleaned, and repacked. For a Hobart tech, 3 hours labor, $45 grease, plus parts.
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