Try using a backslash \ before <. Like :
\<text1>
Output :
<text1>
Try using a backslash \ before <. Like :
\<text1>
Output :
<text1>
not work

If you want the output to be:
Sample <text1>
text2
then uncheck "HTMLFormat", and replace <br> with \n. Remember, \n has a backslash.
need HTMLFormat, also need other tag, color, size, and etc. Browser show ..

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Or use escape characters....

Sample &It;text1>
text2
---> "Sample &It;text1><br>text2"
(?)
It is a small "L" 
Sample <text><br>text2
Sample <text>
text2
Then we should have found sufficient solutions by now. 
For the OP and others/everyone, the use of html entities may help to expand the possibilites in HTMLFormat
Show an example of your global recycleList
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Post a simple test aia.
More work required by you, you would need to specify which tags to change.....
yes, need exception)