Using JAXB to extract inner text of XML element

You can use the @XmlAnyElement annotation as described by bmargulies. To map to the object model in your question you can leverage a DOMHandler.

Main

import javax.xml.bind.annotation.*;

@XmlRootElement(name="main")
@XmlAccessorType(XmlAccessType.FIELD)
public class Main {

    private String name;

    private Integer maxInstances;

    @XmlAnyElement(value=ParameterHandler.class)
    private String parameters;

}

ParameterHandler

import java.io.*;
import javax.xml.bind.ValidationEventHandler;
import javax.xml.bind.annotation.DomHandler;
import javax.xml.transform.Source;
import javax.xml.transform.stream.*;

public class ParameterHandler implements DomHandler<String, StreamResult> {

    private static final String PARAMETERS_START_TAG = "<parameters>";
    private static final String PARAMETERS_END_TAG = "</parameters>";
    private StringWriter xmlWriter = new StringWriter(); 

    public StreamResult createUnmarshaller(ValidationEventHandler errorHandler) {
        return new StreamResult(xmlWriter);
    }

    public String getElement(StreamResult rt) {
        String xml = rt.getWriter().toString();
        int beginIndex = xml.indexOf(PARAMETERS_START_TAG) + PARAMETERS_START_TAG.length();
        int endIndex = xml.indexOf(PARAMETERS_END_TAG);
        return xml.substring(beginIndex, endIndex);
    }

    public Source marshal(String n, ValidationEventHandler errorHandler) {
        try {
            String xml = PARAMETERS_START_TAG + n.trim() + PARAMETERS_END_TAG;
            StringReader xmlReader = new StringReader(xml);
            return new StreamSource(xmlReader);
        } catch(Exception e) {
            throw new RuntimeException(e);
        }
    }

}

Demo

import java.io.File;
import javax.xml.bind.*;

public class Demo {

    public static void main(String[] args) throws Exception  {
        JAXBContext jc = JAXBContext.newInstance(Main.class);

        Unmarshaller unmarshaller = jc.createUnmarshaller();
        Main main = (Main) unmarshaller.unmarshal(new File("input.xml"));

        Marshaller marshaller = jc.createMarshaller();
        marshaller.setProperty(Marshaller.JAXB_FORMATTED_OUTPUT, true);
        marshaller.marshal(main, System.out);
    }

}