custom list – Sharepoint 2013 display view renders & and “

I have Multiline text box in a list which has text as below:

Note #1: Global Sport Academy & document (the "YMCA") dated 12/01/15

Notes #2: ......

In Edit view, it displays correctly but when I see in display view, it renders in a paragraph without line breaks and special characters as below:

Note #1: Global Sport Academy &amp; document (the &quot;YMCA&quot;) dated 12/01/15<br/>Notes #2:......

I searched online and made changes to Displayform.aspx, XSL as below:

<xsl:value-of disable-output-escaping="yes" select="ddwrt:AutoNewLine(string(@Notes))" ddwrt:nbsp-preserve="yes"/>

Now It shows line breaks properly but &amp; and &quot; are still there.

Note #1:  Global Sport Academy &amp; document (the &quot;YMCA&quot;) dated 12/01/15

Notes #2:......