Option 1
1. Double click the text that you want to change or edit (you will then see the text cursor blinking at the beginning of the text line).
2. Edit the text as desired.
Option 2
1. Select the text that you want to change or edit.
2. To edit the text itself click on the Edit Text button in the control box.
3. Edit the text as desired.
4. Use the pop-up control box above the element to edit text properties such as: font, size, color & alignment.