। ॥
In plain words
O Śrī Kāmākṣī, beloved of the supreme Lord, may the shining forth of your gentle smile's beauty destroy my undying cleverness in claiming "mine". As if afraid of it, the moon hides in the belly of a cloud, the pearls inside the oyster shell, and the lotus fibre in the middle of the lake.
Word for word
The manifestness, supreme-Lord's beloved, of your gentle-smile-beauty, Śrī Kāmākṣī, my may destroy mine-ness-cleverness undying; from fear of which as if hides the moon in the cloud-belly, in the oyster-womb the pearl-cluster and in the lake-middle the lotus fibre and that.