cut out background using a font?

I'm working on a certificate to use as a giveaway for my company awards lunch. One of the prizes is a free vacation day. I want to create a card similar to the old postcards that have photographs in the lettering. I downloaded vacation postcard nf font and want to use this font with a background photo and cut out the back ground. Can anyone give me some suggestion on how I can do this. I'm using Corel Draw 11 through windows 7 professional.