The circled word is "Jihai Xia Yue".
"Jihai Xia Yue" refers to May of Jihai year in the lunar calendar, that is, June 20 19 in the Gregorian calendar.
The calligraphy work shown in the picture is "Congratulations on moving to a new house on May 20 19 15", which was written in May of the first year of the lunar calendar, that is, June 20 19 in the Gregorian calendar.