County Tyrone artist Jade Magee says she wanted to reflect the stories of ordinary people and their resilience.
Januario Soares, 35, and Guilherme Gamma Mau, 32, are being charged with disorder and criminal damage.
Three men have been charged following reports of disorder and criminal damage.
The Police Service of Northern Ireland (PSNI) said it had "commenced a significant and complex policing operation" to remove a "hate display".
The replica was placed on top of the bonfire in County Tyrone on Wednesday and lit on Thursday evening.
Brian Conrad Neill, from Hollow Mills, New Mills Dungannon was charged on Thursday with incitement to hatred.
The bonfire in Moygashel has displayed other controversial banners in the past.
While repairs get under way the main part of the library has been moved to Ranfurly House, a listed Victorian building that sits at the front of the Hill of the O'Neill.
A rural community in County Tyrone feel trapped in their homes because of bad odours.