It's common on these cars. Ran into the same BS. Before you get too crazy and start cutting the floor, grab onto the ass end of the car with an engine hoist connected to the trunk striker. Put some tension on the rear and try to turn the body bolt by hand and see if the bolt starts to loosen. Had two on the passenger side like this.
As far as the rotten frame holes are concerned, that's your decision. You can get the washers from gbodyparts (I have extras if you need some) and you can double them up on the frame which I think is bogus.....OR you can do it the right way and yank the whole frame out and cut out the bad stuff and weld the washers in. If I can do it with all of my awesome tools in my kick ass garage, you can too
If you need to look at some pics to see what's involved, visit "my progress thread" in the restoration forum.
...just another day helping out a hot air guy