The issue can be reproduced following the scenario:
1. Create theme for RadLabel and define its Image in the theme. The images should be different for the different element states of the label.
2. Use a RadThemeManager to apply the theme to the control in design time. The Image property will be serialized, assigned to the image of the default element state. Setting the local value of the property in this case prevents applying the images of the other states, defined in the theme.