These types of puzzles are known as charades. What you have to do is to find two words that are referred to in the first stanza and the second stanza and put them together to form the third word in the third stanza.
Just for example, if my first refers to 'off' and my second refers to 'ice', then my whole will be the 'office'.
My first is present - future's past -
A time in which your lot is cast.
My second is my first of space
Defining people's present place.
My whole describes a lack of site -
A place without length, breadth, or height.
Its something that each of us devours,
Not just us but birds, beats, trees, and flowers,
Frets iron and nibbles steel,
Toil hard stones to meal,
Exterminates king, collapse town,
And blows the mountains down.
