sql replace - words from another table

Hello,

I want to find all words in @StringTable where matching words are in Word column in @TableReplacelist and replace it with value from ReplaceWord column.

DECLARE @TableReplacelist table(Word varchar(50), ReplaceWord varchar(50))
INSERT INTO @TableReplacelist(Word,ReplaceWord)values('One','Eins')
INSERT INTO @TableReplacelist(Word,ReplaceWord)values('Two','Zwei')
INSERT INTO @TableReplacelist(Word,ReplaceWord)values('Three','Drei')
INSERT INTO @TableReplacelist(Word,ReplaceWord)values('Four','Vier')

DECLARE @StringTable table(Id int, MyString varchar(max))
INSERT INTO @StringTable(Id,MyString)values(1,'Here is One and Three')
INSERT INTO @StringTable(Id,MyString)values(2,'Here is One and Four')

If I would select all from @StringTable it should be modify like this:
1  Here is Eins and Drei
2  Here is Eins and Vier

Can you please suggest the best approach for this?