Outer Limits 4x4 Board

I just bought a 1993 Montero SR and I have a quick question for you. The rear seems to ride much higher than the front and the body seems to have a lot of lateral movement when I go over bumps, etc. Any ideas on what may need to be done?

Yep sounds like the front end needs to be raised to match the rear, this is a common problem and is easily rectified here's how to do it :-
http://www.4x4wire.com/mitsubishi/tech/ ... rsion_bar/
With the lateral movement you are always going to get some with a 3 link rear suspension set up if it is excessive I would be checking the trailing arm and panhard rod bushes for wear/slop.