Part of it is mnemonic drivel Hā – Wai – ʻĪ = Hawaiʻi [feh]. Part of it is out of the song “Kamaliʻi o ka pō” Wākea is the sky, Papa is the ground. That which is above belongs above, that below belongs below. The last two lines “O ka pono no ia e. E ola kākou e” is inconsistently marked, but roughly means “It is right indeed. Let us all live.” Somebody went through some effort to create a sign that borders on capricious use of Hawaiian.