How to edit or remove description slider on Chronicle

HI
I recently installed “Chronicle”. I am trying to switch from my current theme Nishita which has been great but need a change.
First question, it’s not the premium Chronicle and I assume it is free with my subscription to WP. There was no way to find that out.

The important question is, on the front sliding page there is a black and white sliders. The white slider, I can edit. However the black slider called Slider Description has this statement “lorem ipsum dolor sit amet, consectetur adipiscing metus elit” which I cannot edit nor remove. Can someone please help?
Thank you