public CIMGraphicFrame Frame {get; set;}

{
  //Note: Must be on QueuedTask.Run
  //Create rectangle text with background and border symbology.  
  //Build 2D polygon geometry
  List<Coordinate2D> plyCoords = new List<Coordinate2D>();
  plyCoords.Add(new Coordinate2D(3.5, 7));
  plyCoords.Add(new Coordinate2D(4.5, 7));
  plyCoords.Add(new Coordinate2D(4.5, 6.7));
  plyCoords.Add(new Coordinate2D(5.5, 6.7));
  plyCoords.Add(new Coordinate2D(5.5, 6.1));
  plyCoords.Add(new Coordinate2D(3.5, 6.1));
  Polygon poly = PolygonBuilderEx.CreatePolygon(plyCoords);

  //Set symbology, create and add element to layout
  //Also notice how formatting tags are using within the text string.
  CIMTextSymbol sym = SymbolFactory.Instance.ConstructTextSymbol(
                    ColorFactory.Instance.GreyRGB, 10, "Arial", "Regular");
  string text = "Some Text String that is really long and is " +
                "<BOL>forced to wrap to other lines</BOL> so that " +
                "we can see the effects." as String;

  GraphicElement polyTxtElm = ElementFactory.Instance.CreateTextGraphicElement(
    layout, TextType.RectangleParagraph, poly, sym, text, "Polygon Paragraph");

  //(Optionally) Modify paragraph border 
  CIMGraphic polyTxtGra = polyTxtElm.GetGraphic();
  CIMParagraphTextGraphic cimPolyTxtGra = polyTxtGra as CIMParagraphTextGraphic;
  cimPolyTxtGra.Frame.BorderSymbol = new CIMSymbolReference();
  cimPolyTxtGra.Frame.BorderSymbol.Symbol =
               SymbolFactory.Instance.ConstructLineSymbol(
                          ColorFactory.Instance.GreyRGB, 1.0, SimpleLineStyle.Solid);
  polyTxtElm.SetGraphic(polyTxtGra);
}