The song’s title summarizes the entire song. It is a series of blessings offered to those who listen, containing several elements:

That God would grant bless us, keep us, show favor towards us, and grant us grace and peace for a thousand generations.
That we would become more sensitive to God’s presence that exists everywhere, including the Holy Spirit indwelling within us.
That we would understand God is for us no matter the time of day, location, or personal scenario. More...