I am loading a .txt file in to flash with the following:

var myLV:LoadVars = new LoadVars ();
myLV.load("bio3.txt");

myLV.onLoad = function(success) {
if(success) {
main_txt.htmlText = myLV.main_txt;
}
}

There is also AS within this movie clip:

txtBox.autoSize = "left"
myVars = new LoadVars()
myVars.onData = function(data){
txt = data
trace(data)
}
myVars.load("bio3.txt")

First, do I need both AS to load this .txt file?

Second, images will not load using this tag within the .txt:

<img src="astoria-5.gif"/>

Please advise your thoughts, and thank you in advance.

Site: http://www.brucecanafax.com (problem is in third page of Biography section)