Yikes. Any attempt to sand the stuff will probably make it look like it went on a trip to Hair Club for Men. Can you say "fuzz"?
I don't know how much room you have but my suggestion would be:
1) Use a SHARP blade to cut through the Kevlar and trim it back as much as needed (or as much as you can). #11 X-acto blades or a single edge razor. Buy a whole box....you'll need them. Just keep scoring over the same spot and you'll eventually get through. And keep the blade SHARP.
2) When you're done, maybe some micro around the edges to give you something to sand smooth.
3) Put a layer of glass over it so you have a reasonable material to work with for your finish work
Maybe someone else has better advice but this is all I've ever gotten to work for me. My least favorite cloth to work with by far. I normally take great pains to cut it to EXACT size, or slightly undersize. What am I saying? I normally take great pains to use glass or carbon fibre instead
Good Luck! Let us know how it turns out and how you eventually were able to work it.