ðe mereman is a meiden ilike.
on brest ⁊ on bodi . oc al ðus ge is bunden.
fro ðe noule niðerward . ne is ge no man like.
445 oc fis to fuliwis mid finnes waxen.
ðis wunder wuneð in wankel stede.
ðer ðe water sinkeð. sipes ge sinkeð . ⁊ scaðe ðus werkeð.
mirie ge singeð ðis mere . ⁊ haueð manie stefnes.
manie ⁊ sille.
450 oc it ben wel ille.
sipmen here steringe forgeten . for hire stefninge.