My 74 had the same problem...
My 74 K20 must have either snapped off or stretched about 10 bolts in the crossmember the T-case sits on(the "foot" mount")--it might be because it never had the other brackets that went to the upper frame rail lip,only the 4 bolts on the crossmember itself--I was using grade 8 bolts,3/8 inch...every time I was under the truck changing the oil,I'd see a bolt missing,or a loose one,and it would snap as soon as I tried to tighten it,like it was half sheared off....
Not wanting the T-case to fall off while plowing,I figured I had to do something--the 3/8 bolts were not cutting it,so I went to my hardware drawers and found 4 half inch bolts,--I had to ream the holes out slightly in the frame to let them go thru,but not very much-
-I think the 3/8 bolts were "sloppy" in the holes,and that let things shift,and shear them off when the frame flexed..I had to use a drift punch to line up the holes,and put in the 1/2 inch bolts,and used nylock nuts on them(which did nothing to help the 3/8 bolts,because they were stretching,not loosening)..
I'm fighting to take those 1/2 inch bolts OFF now,to remove the T-case,and they are as tight as the day I put them in,plus rusty!--all the abuse I gave the truck since failed to shear or loosen the 1/2 inch bolts,and I think they were only grade 2,no marks on the heads..

So I'd say use larger bolts,and no lockwashers--I've had no luck with the "split" type either--I use star washers,locktite,or a quick ZAP with the arc welder to keep my nuts on!..
