Remove specific text and spacing from clipboard entry

Hello,
I'm trying to remove two specific words (Favourite and Add Notes) from multiple entries that I cut and paste daily.
I think I can use find and replace to remove the text (see in other topics/replies), but I'm uncertain about removing the (complex) spacing.
Any help/suggestions are greatly appreciated.

Current selection:

Next Open House

Dec

29

$2,639,999

Favourite

31 NORCROSS RD

Toronto, Ontario M3H2R3

MLS® Number: C4638879

Desired output:

Next Open House

Dec 29

$2,639,999

31 NORCROSS RD

Toronto, Ontario M3H2R3

MLS® Number: C4638879

Please provide real-world examples of both the before and after processing by KM.
Put each in a Code Block, using "text" as the language.