format text from a DWG import

[BCMike]

I am importing a DWG file for complete page of plan notes and when I do it opens up looking like this,

Is there a way to correct this so that it is formatted correctly on the page or do I need to go through and correct each text box and image individually? I know that the engineer that is sending it to me is using an older version of Auto Cad.

Thanks for your help.