YIKES! Pretty bleak sounding. Good luck to the OP!Basically you can not start the engine w/out a recognized chipped RF key. This is because the passive anti-theft system (PATS) disables the fuel injectors if the PCM does not recognize the chip.
Things you can do, but none are quick or cheap solutions.
1) Have a locksmith with the necessary tool to reprogram the PCM to recognize new keys
2) Tow the vehicle to a Ford dealership and have them cut and program new keys
3) Have the PCM modified to disable PATS
4) Go to a salvage yard and get a PCM, PATS components, matching key(s), ignition lock cylinder, door and hatch lock set out of a salvaged vehicle (same year, model and equipment as yours).
BTW - If the vehicle has the V6 SOHC engine, I wouldn't have bought it. Whatever you paid, it was too much and having to sink several hundred more dollars into it just to see if it runs/drives doesn't make sense to me.
You might try looking underneath the vehicle for a magnetic hide-a-key box. Several used vehicles I've purchased had these. You might get lucky.
Pull the cylinder from a door. Unless somebody changed the locks, the key should match the ignition.I'mma just say I've had 2 SOHC trucks, one was sorta neglected and allowed to deteriorate to where it was essentially useless as a vehicle, and is now getting V8 swapped on my spare time. The other I gave $400 out what some could consider a junkyard environment and it was a wonderful vehicle and the guy who has it now has had it a year and I saw it last week on the road. I loved both trucks driving wise, they just deteriorate with time and age and neglect. SOHCs are a handful and I do myself hope you didn't give more than $400 tops, since that's the limit on anything like what you have.
The cheapest way though to get the keys working is what @410Fortune said, although I can't help but wonder if you'd have to change the column in the dash since you can't get the cylinder out without damaging anything if you don't have a key.
Pull the cylinder from a door. Unless somebody changed the locks, the key should match the ignition.