LATIN LYRICS (as sung by Aundrea Hopkins)

Deus dormit
Et liberi ignem faciunt
Numquam extint
Ne expergisci possit.
Omnia dividit
Tragedia aram
Amandum quae
Et nocte perpetua
E hem desperationem
Pavor omnivere potest
Manes tempus expergiscendi.

ENGLISH TRANSLATION

God sleeps
And children light a flame:
He never dies,
Nor He can be awoken.
(This) tragedy destroys,
In front of them,
Every beloved thing.
(look!) after despair
And the everlasting night
He can see the dawn
There is (still) time to awake.

Thanks to the editors of the Final Фэнтези Wiki page link.