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EXHIBIT 7 <br />PRELIMINARY REPORT Fidelity National Title Company <br />Your Reference: Order No.: 997-30119105-B-TS4 <br />EXCEPTIONS <br />AT THE DATE HEREOF, ITEMS TO BE CONSIDERED AND EXCEPTIONS TO COVERAGE IN ADDITION TO <br />THE PRINTED EXCEPTIONS AND EXCLUSIONS IN SAID POLICY FORM WOULD BE AS FOLLOWS: <br />A. Property taxes, which are a lien not yet due and payable, including any assessments collected with taxes <br />to be levied for the fiscal year 2024-2025. <br />B. There were no taxes levied for the fiscal year 2023-2024 as the property was vested in a public entity. <br />C. An assessment by the improvement district shown below: <br />Assessment <br />(or Bond) No: <br />None Shown <br />Series: <br />None Shown <br />District: <br />246 <br />For: <br />Public facilities <br />Bond issued: <br />None shown <br />Said assessment is collected with the county/city property taxes. <br />And as disclosed by an Assessment District Map filed in Book 20, Page 43 of Assessment Maps, as <br />Instrument No. 29827 of Official Records. <br />Note: An instrument entitled "Notice of Assessment" recorded September 24, 1981 in Book 14232, Page <br />93 and re -recorded November 25, 1981 in Book 14299, Page 1435 both of Official Records. <br />Reference is hereby made to said document for full particulars. <br />D. An assessment by the improvement district shown below: <br />Assessment <br />(or Bond) No: None Shown <br />Series: None Shown <br />District: City of Assessment District #01 <br />District <br />For: As provided therein <br />Bond issued: None Shown <br />Downtown Santa Ana Community Management <br />Said assessment is collected with the county/city property taxes. <br />E. The lien of supplemental or escaped assessments of property taxes, if any, made pursuant to the <br />provisions of Chapter 3.5 (commencing with Section 75) or Part 2, Chapter 3, Articles 3 and 4, <br />respectively, of the Revenue and Taxation Code of the State of California as a result of the transfer of title <br />to the vestee named in Schedule A or as a result of changes in ownership or new construction occurring <br />prior to Date of Policy. <br />1. Water rights, claims or title to water, whether or not disclosed by the public records. <br />2. Any restrictions covering the future use of said land, as disclosed by a "Statement for a Redevelopment <br />Project", recorded in Book 10807, Page 9 of Official Records, covering the herein described and other <br />land. <br />CLTA Preliminary Report Form — Modified (11/17/06) Page 4 <br />