noli timere fili mi pauperem quidem vitam gerimus sed multa bona habemus si timuerimus Deum et recesserimus ab omni peccato et fecerimus bene

My son, do not thou dread; forsooth we lead a poor life, but we shall have many goods (or many good things, or rewards), if we dread God, and go away from all sin, and do well. [Do thou not dread, son (of) mine; a poor life forsooth we bear, but many goods we shall have, if we dread God, and go away from all sin, and do well.]