you'll be fine
Listen to UD, the under belly drawbar is designed for pulling/towing, please use it.
I'm not an engineer, so I won't try to explain, but Royce's pic of a tractor pull shows the engineering.
Angle of the chain hooked to the drawbar and tractors centerline angle is the same in the pic. That is as high as the front can go.
The engine will bog down or the tires will spin soon after, in the pic.
The 3-point arms are designed for 3-point implements
not towing.
Little Fords are pretty light, so the front will come up a little sometimes, even properly hitched, but hitched properly for the job/implement, it only comes up so far and then you just spin out.
If you are still a little nervous about it, put on a heavy box blade, etc.
hook the chain to that and the towed object. lift it enough to just clear the ground, and tow away.
I never hook a chain to the front end for anything except tying down on a trailer. That weak front end can't take it....
Yep, up North in real snow, lots of weight and chains if you want to get it done.
ps driving/towing uphill, ya pick a lower gear and make your run.
Don't clutch on the hill. Control your speed/pull with the throttle.
Edit: I'd like to add (because it's steep at my camp, so I feel your concern)
pics of hills can be deceiving. Drive up that hill with just your tractor first. Do your internal animal instincts that watch out for us start yelling..danger, danger. If so, don't tow up it..........