One might note that Paul does not speak of changing one another. Our own weaknesses are the only ones we are responsible for changing. The word forgiving is the verb form of the noun grace. It refers to unconditional forgiveness. The word beyond is a Greek preposition whose basic meaning is upon.
Love is to be the crowning quality that is put upon all the foregoing things.
Let the word of Christ richly dwell within you, with all wisdom teaching and admonishing one another with psalms and hymns and spiritual songs, singing with thankfulness in your hearts to God. And whatever you do in word or deed, do all in the name of the Lord Jesus, giving thanks through Him to God the Father. First, there is objective peace. Our response to this peace is to be faith. Second, there is subjective peace.