Probably coming from the cutter deck you've grafted on to the rear axle. It's under a heck of a strain cutting grass at 70MPH!
Alternatively, I would suggest the front wheel bearings, particularly if the pitch changes with road speed.
phil_saunders@bigfoot.com
PS - this is the LAWN MOWER catagory......
                
 Phil Saunders
                
 March 2009