Finally I managed to install Zorin-OS-12.4-Lite-32 after 3 attempts.
My observations are:
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It's doesn't work in "Try" mode for the given config above. But it works after installation
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Chromium doesn't start, but you can easily download Firefox via Zorin internet tools, and it extremely slow.
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Other tools work quite perfect, LibreOffice, etc.
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Memory consumption is very good, CPU usage is also fine.
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It works, but Windows XP SP3 is faster
even on HDD. Btw, high speed of SSD is getting limited by IDE SATA converter, so it's still slow as IDE 
Previously I partitioned the disk in Gparted (main ext4, swap, home, windows XP SP3), using "zorin-os-10-lite-32" "Try"-mode, because it's bootable.
And a few screen of amazing Zorin OS, 20 years old PC got second live.
