||The song is part of a story; I learned both at the Beit Chabad in Vilne this summer.
The story goes like this: The rabbi of Talerei died, and the citizens there prevailed upon Reb Duvidl, the rabbi of the-
remember, to come to Talerei.
So all the inhabitants of t-s-i-c-r came to see their rabbi off, and mournfully sang the first verse.
And then all the people of Talerei came out to greet the approaching rabbi, and joyfully sang the second.
The tunes for the two verses are different. I doubt if it's ever been recorded.