Thank you for the ideas.
The motor is positioned above the fan hub, connected by a belt, and is actually in the air stream. Whether the cooling is adequate only the designer knows, but it is not obstructed at least.
The motor name plate says that the motor bearings are permanently lubricated. Is suspect that the fan hub also uses permanently lubricated bearings, mostly because there were no lubrication instructions provided and there are no oiling points. The bearing housing for the fan hub is a good-sized chunk of hex stock open only at one end.
The motor does not have an external "wart" for a capacitor. If there are any capacitors present then they are concealed inside the cylindrical housing somewhere.
The motors are 3/4HP, which seems to be the size that this company suggests for a 36 inch fan.
Bob