That sucks Frankie. But take heart-- if you posted for sale on Tacomaworld you'd have people bidding on it. Or, if you have the time, part it out. People out there have a good frame and need the rest, LOL. Not sure what you paid for the truck a few years ago but hopefully you won't have to take a bath on the resale.
Water under the bridge, but an important lesson here... Run the VIN of any used car you are interested in purchasing through the OEM sites, check the online resources/forums, or even pay to have a Carfax run. The frame inspection/recall program was huge for Toyota in the 1st-gen Tacoma like Frankie's, and also affected the early years of the 2nd-Gen. My friend participated in the Toyota buyback of her 2001 and funded a newer truck.
Good luck my friend.