Brian,
The circuit breaker is mounted to the brake support bracket on the right hand side (66 is mounted to the rear of the windshield wiper motor bracket). There should be two blue/black stripe leads attached with screws to two studs on the circuit breaker. Both leads go to the main harness. With the battery installed, the ignition off and the fog lamp switch off, using the test lamp, you should get power to both studs. If you only get power to one stud, the CD is defective.
And, as you surmised, there is no 65 wiring diagram, at least that I haven't found one yet, so I use the 66 version, which is close. The best info is from the 65 Mustang Electrical Assembly Manual.
Jim