It's possible (though not likely) that the writing and the carving were done at seperate times. Look at the relative depths of each of them - the carving is much deeper than the writing. As for what the text says, if it is latin, there's nothing in there that I can identify, and given how few people would have been fluent enough in latin to read this sort of stuff, it doesn't seem likely in my eyes. Further, if I am not mistaken Medieval Latin often had spaces between words unlike the Ancient version.
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