5 The man most wary in her whelming lap.

whelming > submerging, engulfing; ruinous

6 So me, weak wretch, of many weakest one,

weakest > [the weakest]

7 Unweeting, and unware of such mishap,

Unweeting > Unwitting, unsuspecting unware > unaware; unvigilant

8 She brought to mischief through occasion,

She > [Misfortune] mischief > misfortune, disaster; evil occasion > [an] opportunity

9 Where this same wicked villein did me light upon.

Where > [In which, at which] villein > villain; serf