Yes
Double Clicked the word (Oktober) to select just the word, Ctrl-Shift-M to Mark it, and clicked Saved Search (Test) to [Find]
Them Saved Search [Replace]
Looks like the rest of the paragraph gets the <i> … </i> and not just the one word I was looking for
Interestingly, it seems like the Marked area was extended to the rest of the paragraph also
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