The rule, as it were, is that the last word of line one must be 'ned'. This can be interpreted to your own preference - it could be an accentuated past participle, as in 'clo-ned', it could be Ned as in the name, the world is your lobster as we say!!
Thank you for the very good question.
The secret is in the humour!
RE: NEW CONTEST: WRITE A LIMERICK. WEEK ONE. 20 STEEM AND 700 TRAIL IN PRIZES. GET RHYMING STEEMIANS!