That sounds like it will work fine. The problem will be trying to get a wrench on it . Unless the radiator is out.
If you weld the nut to the square that held the original carriage bolt , mabey you wont need to get a wrench on it.
Just some thoughts......
Randy 
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72 k/10 short wideside
72 k/5 Blazer
72 K/5 Blazer - obstacle course racer
72 custom/10 8' bed
70 K/5 Blazer
67 C-30 GMC Flat bed
86 GMC K2500 Plow Truck
85 GMC K3500
84 M1008
85 M1008
77 G30 Motor Home
72 Sears 12hp Tractor
Glenmoore, Pennsylvania
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