Graphics template inserts black frames and blacks out video in new sequence

I created a lower third with the Essential Graphics Tool and saved it as a motion graphic so I could use it in multiple sequences within the same project. When I insert the lower third graphic into a new sequence, after selecting it from my library, it is inserting two black frames and it blacks out the video entirely.

The layers are all the same and there are not any new key frames added. I'm able to turn off the layer that is blacking out the entire video, which is a part of the original lower third design, but it still inserts the two black frames at the beginning of the graphic.

.

Please help.

Thanks,

Amy