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What is contained in the smart object when you double click and open the layer?
It should contain the text.
Smart Objects are needed when complex filters are applied - that is what keeps the text editable.
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Taking a quick look, it appears that there are multiple copies of a Smart Object (SO) with layer effects that will update when you update the master SO. Try this:
The other SOs theoretically will update with your text and keep the effects.
Let us know if this works.
~ Jane