Items #26 & 34 are known to get loose; #28 is known to wear. 
Items #19 & 25 are known to break, an...
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Replace http://www.supermotors.net/registry/media/441108
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Combine http://www.supermotors.net/registry/media/441108
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Combine http://www.supermotors.net/registry/media/441108
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TSB 96-23-01 Clicking Heard When Turning Steering Wheel
Publication Date: NOVEMBER 4, 1996 

FORD...
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Steering Column Assembly
1A Screw   N803942-S100
2 Steering Column Gear Input Shaft Coupling   3A5...
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The boot was torn & degraded, so I removed it earlier.  It's not available from Ford, but I found on...
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First, remove the lock cylinder by turning the key to RUN, then pressing the release button through ...
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This is the button.  When the key is rotated, the button will be forced back out.
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Using the provided flats, unscrew the tilt lever.
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Remove the 3 lower shroud screws.  It may not be necessary to remove the knee bolster.
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If this screw is installed, remove the knee bolster & then the screw.
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Trace the Transmission Control Switch (TCS) wire from the shift lever to its connector, & disconnect...
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Trace the Transmission Control Switch (TCS) wire from the shift lever to its connector, & disconnect...
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Remove the wire from its guides & retainers.
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This is the shift lever pin.  The knurled end just below the head retains it in the pot metal castin...
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Push the pin out to remove the lever.
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It may be necessary to tap the pin out with a small hammer & drift.
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The lever can now be removed from the shifter tube.
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Feed the TCS wire through the boot & install the boot onto the lever.
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Install the lever & pin, and then clip the boot down.
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Ensure that the wire is routed clear of any moving parts, and connected.
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Reinstall the column shrouds, knee bolster, lock cylinder, & tilt lever.
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Finished
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For more info, see this page:
http://www.p71interceptor.com/steering/column/disassembled/pictures
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For more info, see this page:
http://www.p71interceptor.com/steering/column/disassembled/pictures
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'92-up steering columns use a plastic gear rack between the lock cylinder & the ignition switch.
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Clock Spring Exploded
Don't take the clock spring apart - it's not serviceable or repairable.
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Clock Spring Removal
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Combine http://www.supermotors.net/registry/media/288139
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