Translation
This is another play that comes from the crossing of my master. And from that crossing I can make this play and the others which follow me here. That is, I can take the player in this way and strike him in the face with the pommel of my sword. Also, I can strike him with a downward cut to the head before he can cover himself.
Explanation
In the play of the 3rd master, both swords were crossed at the mid point of the blade.
Drop your weight down low and step through with the left foot. As you do so, raise your hands to head height. Duck under you opponents blade while turning your own sword so that the handle faces your opponent and the blade extends over your shoulder. Keep the point of the bind stationary, and be sure that everything rotates around that point. This will allow you to safely roll under your opponents blade to the other side.
Keeping your elbow in close to your body, sweep your left hand across to grab your opponents right wrist. You do not need to push their hand. Just ensure that it stays out of the way.
Align your sword to your target. Use the handle of your sword as a heavy dagger, and make a fendente strike straight forward at the base of their nose. If you allow the sword to move off its alignment and swing in an arc, it will dramatically lose speed and power. Take care in all the excitement not to slide the blade of your sword across your own shoulder.
Your opponent will be left either with a savagely broken nose, spitting out a number of teeth, or both. Cut them down at your leisure.