First we are not
Then we belong to —
I am Yours
When I am less —
*From Psalm 100:3.
Know that Hashem is G*d, Who has made us, and not we ourselves
[Ketiv: Septuagint and Vulgate]
Or: we belong to Hashem [Keri: Targum].
Read the variations backwards and we get Elul
Hebraists: First we diminish [lo with alef],
then we draw close [lo as pronoun].