Sculpted in Wood by Val.©

=Valdesign=

Above your wood texture layer, type your text.
Duplicate your wood texture layer, select your text, then inverse your selection (Select menu/Inverse) and erase.
Choose COLOR DODGE under the layer options

Now use Outer Bevel (Layer menu/Effects/Bevel and Emboss)

 

A little curves (Image menu/adjust)
And that's it !!.

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