This poem is from the proverbial distichs of Georgius Carolides (1569-1612), which you can read online at the University of Mannheim.
Tempus Abit, Mors Venit
Vivite: tempus abit, quo mors abeunte relictos
Occupat et captos vivere sero docet.
The vocabulary is keyed to the DCC Latin Vocabulary list. There is only one word in this poem that is not on the DCC list:
sērus, -a, -um: late, slow; sērō, adv.
abeō -īre -iī -itum: go away
capiō capere cēpī captum: seize
doceō -ēre -uī doctum: teach
et: and
mors mortis f.: death
occupō -āre: sieze, occupy; anticipate, do a thing first (+ infin.)
qui quae quod: who, which, what / quis quid: who? what? which?
relinquō -linquere -līquī -lictum: abandon
tempus -oris n.: time
veniō venīre vēnī ventum: come
vīvō vīvere vīxī victum: live
