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Homs model 15 paper cutter, blade kiss is uneven

I recently purchased a Homs model 15 paper cutter. It appeared to be in working order. When I got it home I set it up and attempted a test cut with a small paper stack. As I adjusted the bolts for the cut I noted that one side OD the cutter blade is touching the cutting stick and the other side is about 1cm above the cutting stick.

Any ideas on how to adjust?

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Are the knife bolts all sitting in a straight line in the carriage ? if the knife is seated square in the carriage and you have no elongated slots to twist the knife in the carriage i would suspect someone stuck a three knife trimmer blade in it , they are narrow enough for these little guillotine but are ground out of parallel for a boooklet trimmer .