exhibit 10. 34 recordation requested by : us employment development lending center, llc 1 world trade center, suite 1870 long beach, ca 90831 when recorded mail to : us employment development lending center, llc 1 world trade center, suite 1870 long beach, ca 90831 for recorder ’ s use only for recorder ’ s use only for recorder ’ s use only assignment of rents this assignment of rents dated may 11, 2012, is made and executed between superior drilling products of california, llc, a california limited liability company, whose address is 2221 north 3250 west, vernal, ut 84078 ; ( referred to below as “ grantor ” ) and us employment development lending center, llc, whose address is 1 world trade center, suite 1870, long beach, ca 90831 ( referred to below as “ lender ” ). assignment. for valuable consideration, grantor hereby assigns, grants a continuing security interest in, and conveys to lender all of grantor ’ s right, title, and interest in and to the rents from the following described property located in kern county, state of california : the land described herein is situated in the state of california, county of kern, unincorporated area, and is described as follows : parcel 2 of parcel map no. 8961 in the unincorporated area of the county of kern, state of california, as per map recorded may 9, 1991, in book 42 of parcel maps, page 25 in the office of the county recorder of said county. excepting therefrom 1 / 2 of all oil, gas, minerals and other hydrocarbon substances as conveyed to geri bloemer cooper in deed recorded october 11, 1989, in book 6301, page 990 of official records. also excepting therefrom all remaining oil, gas, minerals and other hydrocarbon substances within or underlying said land as reserved by jack m. hood and sharon b. hood, as trustees under the jack m. hood and sharon b. hood living trust dated december 27, 1991, as to an undivided 1 / 3 interest ; robert a hood and mary martha hood as co - trustees of the robert a. and mary martha hood living trust dated july 2, 1992, as to an undivided 1 / 3 interest and hazel mary hobba henderson, trustee of the hazel mary hobba henderson revocable trust dated september 18, 1987, as to an undivided 1 / 3 interest