You've got it right. Here's the part you're missing on the verse where Patrick is buried.
But his dreams were remembered in the heart of his love, His Molly so far, far away.
The title of the song, by the way, is Irish Ballad. I still have the copy of it that I used when I sang it in high school, and I frequently get it out and play and sing it. Beautiful piece.
I added your corrections in italics. Does it look right now? -Joe Offer, Forum Moderator-
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sj