hello everyone!

I own a 2nd gen 1998 pajero. its 4x4 manual. I think i'm running into serious mechanical problems because the front wheels in the 4x4 indicator on the dash blinks. And also (while blinking even if it seems properly pulled to 2wd) i feel a change in the steering and the pull of the paj. there are weird friction sounds coming from somewhere too.
I feel a loss in power for around 2 to 5 seconds then the problem goes away for a while then comes back again.

Has anyone ever experienced the blinking 4x4 indicator before?

Its not alagang casa anymore, i just have talyer working on it when it has problems. Just wanted to ask for your input first before i show it to a mechanic.

Thanks in advance. Info and expert advice is most welcome sirs!

Drew