Try this code
Find (the code you typed above):
echo '
', $context['current_time'], '.
</div>';
Replace it with:
echo '
', timeformat(time(),'%B, %d, %Y'), '
<li id="clock">Loading...</li>
<script language="JavaScript" type="text/javascript"><!-- // --><![CDATA[
function refrClock()
{
var d=new Date();
var s=d.getSeconds();
var m=d.getMinutes();
var h=d.getHours();
var am_pm;
if (s<10) {s="0" + s}
if (m<10) {m="0" + m}
if (h>12) {h-=12;am_pm = "pm"}
else {am_pm="am"}
if (h<10) {h="0" + h}
document.getElementById("clock").innerHTML=h + ":" + m + ":" + s + am_pm;
setTimeout("refrClock()",1000);
}
refrClock();
// ]]></script></div>';