I am not quite sure what you are trying to achieve but position one item in the right position as a lower third.
Right mouse click on this clip and copy.
Select all the others, right mouse click and Paste Attributes.
The problem here is lots of effects and a underpowered machine for CS4 with hdv material. What ever export settings you choose it will take a loooooooooong time.
Export directly from the timeline to mpeg2-dvd with default settings (VBR 1 pass). Import this file into Encore and author for dvd.
HDV is mpeg2 with 1440×1080 resolution.
Premiere captures as mpeg, HDV Split as m2t.
You can convert hdv to Cineform avi if you like. Very easy to edit. https://www.cineform.com/neoscene/