Okla. Stat. tit. 11, § 11-39-117: Delinquent assessment or installment - Rights and

remedies for collection of assessment.

A. If the governing body fails or refuses to foreclose and sell

a tract or parcel of land for the delinquent assessment or

installment of the assessment as required in Section 39-116 of this

title, any holder of a bond secured by the assessment may foreclose

the assessment lien on such delinquent property in the manner

provided by law for the foreclosure of mortgages on real estate.

B. Whenever a governing body, board of county commissioners or

local board of education is delinquent in the payment of an

assessment, the holder of any bonds issued against the tract or

parcel of land of the city, county or school district has the rights

and remedies for the collection of the assessment as are given by

law for the collection of judgments against cities, counties and

school districts.