I've had the problem where the Disassembly stops working numerous times. What I do to fix it, is to use the X to close that sub-window and then go back to Window -> Show View -> Disassembly to re-open it.
Assuming you've found the relevant address, that's storing the value of r6 (which is 1) into the address pointed to by r7.
r7 was just set to 0xffe90000. That is the address of LINFlexD_2_LINCR1 (from page 1891 for MPC5748G RM) so that looks ok to me? (The problem I had was that the supplier header file pointed to reserved addresses causing a crash.)
Probably best to set a breakpoint at the start of that function and single-step to see exactly where it is bombing out.
The lines at 0xc and 0x12 aren't complete in that disassembly because they haven't been linked yet.
James