Eric,
As I (mis)understand it, you can either keep the Type live (or outline it) and:
1) Create one copy of the pattern for each Type object (this will give you the opportunity of having different(ly coloured) patterns;
2) For each Type object, select the type object and one of the patterns and Object>Clipping Path>Make;
or you can:
1) Select both Type objects and Type>Create Outlines, then Object>Compound Path>Make;
2) Select the compound object and the pattern and Object>Clipping Path>Make.