The wise
chakam (khaw-kawm')
wise, (i.e. intelligent, skilful or artful) -- cunning (man), subtil, (un-), wise(hearted), man).
in heart
leb (labe)
the heart; also used (figuratively) very widely for the feelings, the will and even the intellect
will receive
laqach (law-kakh')
to take (in the widest variety of applications)
commandments
mitsvah (mits-vaw')
a command, whether human or divine (collectively, the Law) -- (which was) commanded(-ment), law, ordinance, precept.
but a prating
saphah (saw-faw')
the lip (as a natural boundary); by implication, language; by analogy, a margin (of a vessel, water, cloth, etc.)
fool
'eviyl (ev-eel')
(figuratively) silly -- fool(-ish) (man).
shall fall
labat (law-bat')
to overthrow; intransposed, to fall -- fall.