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Could be a couple of reasons.Firstly there is supposed to be a grommet inside the frame lug.Secondly, there is a slim possibility that you have either a K3 frame which used different lugs or maybe the side panel is off the F2 and the F1 and F2 frame lugs were different?
Is that stub round or rectangular?
The top right location point looks 90 Deg out of orientation.Does you side cover have the a matching locating lug?
Nope, all the lugs are the correct orientation just they don't line up