You can save it as a take but for some reason when you drag it from Takes back into the timeline it may need a little adjustment because the text track part of the sequence get overlayed/mixed with the track above. Just ungroup the sequence and left click drag on the second track and it will separate the text onto the 3rd track. You may have to adjust the length of the second track and the posn. of the third track along the timeline to get things fading an appearing as in the original. Pretty quick and simple though.