Never done it but an educated guess.
Assuming there's enough room for the compressor before you hit the wheelwell remove your vacuum pump and put the compressor in it's place. Easier to connect the PS pump to the compressor on a bench so it will have to be removed also. Looks like you will have to use the gear from the vacuum pump, if it's the correct one, on the compressor. I'm not familiar with this compressor in particular but other underhood ones I've messed with also require a pressure oil line to them. You might have to tap into the port on top of your oil filter housing and run a small tube over to the compressor. Buy an electric Ford vacuum pump for your vacuum needs. All the vacuum runs on your '97 is the cruise control servo and the climate controls, piece of cake for the electric pump.
Seems I recall others trying this but finding not enough room for the compressor. At least you got a deal on the compressor, they run over $1000 new.