After securing the material*, carve the text using either the 60 degree or 90 degree V-bit. Adjust feed and depth of cut to suit your needs and level of confidence.
*NOTE: I use the tape and CA method of securing the material to a sacrificial spoil board so I do not use the Tabs feature. If you choose to use tabs, make sure that they are located on areas that will permit ease of sanding once removed.
Using the 1/16" fishtail mill end, cut away the offset frame set. Again, you can set the feed and depth of cut to suit your confidence.