I wrote a page for changing water heater thermostat.
The photos take you through step-by-step
I recommend replacing both upper and lower thermostats so it eliminates thermostats as possible cause if water heater keeps overheating.
http://waterheatertimer.org/How-to-replace-thermostat-on-electric-water-heater.html
The Reliance 606 manual shows your water heater uses generic upper and lower thermostats from hardware store.
http://www.reliancewaterheaters.com/lit/om/manuals/185761-000.pdf
Likely the thermostat will solve the problem:
http://waterheatertimer.org/How-to-troubleshoot-electric-problems-with-water-heater.html
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Gas, or electric?
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