Get the hand press Scotseals for those rear hubs, do not apply any kind of sealer to them, they will lock themselves to the shaft and hub This is a seal that rotates inside itself and will not leak if properly installed, so install square and follow torquing procedure carefully.
Before spending a minor fortune on bearings, you might want to inspect those things, those are some BIG bearings with a big pricetag and they rarely give out unless left to run loose or with worn out lubricant, again, be sure to follow torquing procedure carefully loose bearings are a recipe for disaster, tapered bearings like a preload, the instructions will give you the proper amount.