So as an update on this problem as well, I ended up having to remove the entire assembly. The secondary latch was also so seized up that even "releasing" it with a screw driver would not allow the mechanism to drop. For those having the same problem, you will need to lower the unit as far as it will go, and remove the bolt from the frame holding the entire assembly in place (a ratcheting box end 3/4 inch wrench will make this task extremely easy [it may be a different size, I just think I remember it being 3/4]).
Please, use jack stands, as the whole weight of the tire and spare carrier will be coming down. After the bolt is removed, the assembly simply tilts to allow the gravity holder to come away from the frame and voila! If you plan on re-installing, doing the above methods for greasing will work. I went ahead and left mine on the spare and sold it to somebody else to mess with, as I have a different plan for my spare tire.
Please, use jack stands, as the whole weight of the tire and spare carrier will be coming down. After the bolt is removed, the assembly simply tilts to allow the gravity holder to come away from the frame and voila! If you plan on re-installing, doing the above methods for greasing will work. I went ahead and left mine on the spare and sold it to somebody else to mess with, as I have a different plan for my spare tire.
