BRA
NDY HALL: Sing a song of Tolkien: strong’s the spirit here!
CRICKH
OLLOW: Pain in neck and empty? Nomenclature is queer.
BYWATER: By this may you live, since it’s not by bread alone –
???
O???: And here’s a place where (fancifully) hob-nobs could be grown.
???
T???: Here’s the way that you must serve a tennis ball,
???
T???: Here dwelt one whose stories, (many thought), were tall.
???
L???: Here have fun and paddle, but do not prick your toes -
???
E???: And here big grins abound, they say, and none are lachrymose!
THEME: SHIRE LOCATIONS
Yes - you get a CRICK in your neck, and HOLLOW means empty.
You're right about the 'tall' (but not really) stories being Bilbo's, but Bag End does not have a T.