VANIMELDA: Most beautiful and beloved.
O: Troels gets mixed up with the horses? Well, it’s his job! We heard it in a song.
L: One of a quartet that we were bidden (in song) to give the right of way.
U: Deafening explosive reveals her in devastation.
MIDGEWATER MARSHES: Swamp where Ultravox have had a wee?
ERIADOR: Anger is reversed? What a fuss on the way here, though!
OLD MAN WILLOW: Showboat time? Sing! But trade a flower for a tree to reveal him.
N: Two negatives: one French, one English, mingle circularly.
ERESTOR: A Latin queen, initially? Add mixed stock to reveal him.
No Nienor in FOTR, of course.
But nice thinking.
It was uncanny how Vanimelde fit perfectly at one point. I'd certainly never thought of it for the password, and was surprised by it as a guess for that.