Sorry for slipping over to the right.
I think the words underneath are Knockenagh Sth Parish. The Sth and the parish seem to be quite run together.
You have a whole lot of clues and further names to look up.....eg the witnesses.
I would concentrate on using the link from Sinann, it is easier to manipulate light/dark contrast than the original, and writing down what you see of the words, it doesn't matter if it is Latin or not and then coming back and we (NB Royal we!) can help with the 'translation'. Then you might be able to see how they are related to each other.
I am puzzling over Fi. patu or fi partu.
Timothy Moloney and James Walsh
A James Walsh, if we think he is one of the witnesses, seems to be married to a Mary Stack. There is a son to this couple James Walsh of Bleanmore bapt 1/3/1832 at Ballybunion and one of the sponsors is Timothy Molony. Priest is Father Buckley
Patrick and Timothy Molony are witnesses in the marriage of Hanora Molouny to Dermot Ahern at Ballybunion on 14/2/1836, so probabaly on the same record you are looking at. Residence is 'Knuckino'
NB that Irish Genealogy site has given the residence for above marriage (Phillip Stack) as Knuckennore - perhaps I should have looked here first!