Looks like you all the parts for the bearing stack, but it may not be adjusted correctly to give the propr prload on the bearings .
The axle torque, is 45-50 Nm, 33-36 ft lbs .
So, 120 is waaaaaaay too much .
For final drive output spline lubrication, I just finished up the replacement of the output seal on my '81 R65, got the new brake shoes last week .
I thought the Honda moly 60 grease was too thin for this application, so I mixed it with sticky wheel bearing grease and applied it to the splines .
Your splines look like they are in need of replacement, or repair, if that is an option available to you in your area .