If I understand your problem correctly, I think you just need to make sure that you have the correct path to the image and make sure the image is actually in the directory you specify. In other words, if the image is in a directory called 'images' in your main root directory, you would need to set it as:
<img src="/images/<%Image%>" alt="<%Title%>">
--Frank
<img src="/images/<%Image%>" alt="<%Title%>">
--Frank