Sorry I didn't comeback and I really did sound flippant, and I apologize. However, you have some great advice and all here. In truth, from what you are initially describing and knowing Fender acoustics, my first thoughts were truly that you probably have a problem here that will cost more than the guitar is worth. But who can put a value on a guitar you like? Best just to find a good luthier who can actually SEE the instrument and evaluate the costs to repair. Perhaps it is not as bad as I somehow imagine it may be. Good Luck!Spaw