I think its best to remove the entire cutter deck for this - it will give you better access to the blade bolts and hub bolts.  It sounds like the central bolt has snapped...see if you can undo the 2 outer blade carrying bolts to remove the blade.  Once this is off, the hub can be unbolted (4 nuts and the bolts are captive).  I reckon its best to renew the complete hub, with bearings, rather than getting the snapped off bolt machined out - unless it unscrews reasonably easily.
To shift the damaged blade bolts - heat them up, then bash on a socket that is slightly smaller than the intended one and try again.
                
 John
                
 May 2009