Okla. Stat. tit. 58, § 58-385d: Order to borrow money and mortgage realty - Execution of

notes and mortgage - Additional bond.

Upon such hearing, if the court is satisfied that it is for the

best interest of the estate and to the owners of such real estate he

may make an order authorizing the administrator or executor to

borrow money, make, execute and deliver a note or notes therefor and

to make, execute and deliver a real estate mortgage securing the

same, in such amount, at such rate of interest and upon such terms

and conditions as the court may prescribe and may, if he deems it

advisable require an additional bond as in the case of the sale of

real estate. After the order of the court authorizing the same is

made, the administrator or executor may make and execute the note or

notes and mortgage and shall then present the same to the district

court who shall examine the same, and if they appear to be in

conformity to law and the order of the court, the judge of the

district court shall endorse his approval on the face of the

mortgage. Thereafter the administrator or executor may proceed to

close the loan by receiving the funds so borrowed and by delivering

the note or notes and mortgage. All such notes and mortgages shall

be valid and binding obligations against the estate and against the

real estate so mortgaged in accordance with the terms and conditions

of such mortgage.