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Where is this code marked as green?

<p>&lt;p&gt;<img src="http://xxxxxxxx.png" alt="xxxxxxx.png" class="bbcode_img">&lt;/p&gt;</p>

Its a source code opened in new window and copy. I marked </p> in this error that showing after modify page in Mod admin I mean <p>text</p> The real code in my opinion should be right this:
<p><&lt;p&gt;><img src="http://xxxxxxxx.png" alt="xxxxxxx.png" class="bbcode_img"><&lt;/p&gt;></p>