May be this will help
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declare @word varchar(125) = 'The Quick Brown Fox Jumps over a lazy Dog'
declare @swrd varchar(100)
declare @l int
while len(@word) > 0
Begin
set @l = CHARINDEX(' ',@word)
if @l = 0 -- No space found
set @swrd = @word
else
set @swrd = SUBSTRING( @word, 1, @l )
Print 'Word inserted will be ' + @swrd
set @word = SUBSTRING( @word, len(@swrd)+2, LEN(@word)-len(@swrd)+1 )
end