This argument doesn't explain why there is a most-stable N for a given Z. It implies that stability would always increase when you increased N. See the two links I gave in #2. The following may also be helpful.
FAQ: Why does the line of stability have the average over-all shape it does?
For light nuclei, the line of stability hugs the N=Z line, and this is because of the Pauli exclusion principle. If you have N=8 and Z=8 (16O), you can put the 8 neutrons in the 8 lowest energy states, and the 8 protons in the 8 lowest energy states. With N=10 and Z=6 (16C), the exclusion principle forces you to put those last few neutrons in high-energy states that weren't occupied in 16O.
For heavy nuclei, the mutual electrical repulsion of the protons breaks the symmetry in the way the strong nuclear force treats neutrons and protons. This effect favors higher N/Z ratios, so the line of stability bends away from N=Z.
The line of stability also has little wiggles superimposed on top of its broad over-all curve. These are caused by quantum mechanical shell effects, the nuclear analogs of the ones in atomic physics that make the noble gases so chemically stable. These shell effects have nothing to do with the over-all shape of the line of stability. For example, the nucleus 100Sn (N=50, Z=50) has two closed shells, but it is very far from the line of stability.