It seems to me the text of the third line is quite similar to "Amazing Grace," which some argue is not congruent with the Catholic faith. Is there any reason one would find these words incongruent and therefor doubtful to use in liturgy?
Like to Hymnary site with lyrics: https://hymnary.org/text/come_thou_fount_of_every_blessing#Author
Like to Hymnary site with lyrics: https://hymnary.org/text/come_thou_fount_of_every_blessing#Author