Key Release Button: Removal

Disconnect the battery ground cable.
Remove the ignition switch lock cylinder.
1. Insert the ignition key into the ignition switch lock cylinder and turn to RUN position.
2. Push the ignition switch lock cylinder release tab with a punch while pulling out the ignition switch lock cylinder.
  
  Fig 1: Removing Ignition Switch Lock Cylinder
  Courtesy of FORD MOTOR CO.
Remove the tilt wheel handle.

Fig 2: Removing Tilt Wheel Handle
Courtesy of FORD MOTOR CO.
Remove the upper and lower steering column shrouds.
1. Remove the screws.
2. Remove the upper and lower steering column shrouds.
Fig 3: Removing Upper And Lower Steering Column Shrouds
Courtesy of FORD MOTOR CO.
Remove the key release button.
1. Remove the key release button bolt.
2. Remove the release button handle and the spring.
  
  Fig 4: Removing Key Release Button
  Courtesy of FORD MOTOR CO.