Okla. Stat. tit. 62, § 62-342: Tender - Acceptance at face value - Receipt - Cancellation

of bond or warrant.

When the owner of such warrants or bonds tenders the same to the

clerk of said city, town or the county treasurer in the case of a

drainage district, in payment of the paving, drainage or street

improvement assessment liens or any installment thereof upon his

property in the paving, drainage or street improvement district, in

which such warrants or bonds were issued, the same shall be accepted

at their face value by such city or town clerk, or the county

treasurer, in payment of such improvement assessment liens or any

installment thereof upon said owner's property in such improvement

or drainage district, whether due or to become due, and shall

operate to discharge all paving, drainage or street improvement

assessments upon such property, to the extent of the face value of

such warrants or bonds, so tendered, and the clerk of said city or

town, or the county treasurer of such county, shall issue a receipt

to the owner of such property and the owner of such warrants or

bonds to the extent of all such improvement taxes and liens on said

property, whether due or to become due, to the amount of the face of

such warrants or bonds tendered in payment, including the interest

due thereon, and thereupon said clerk of such city or town or the

county treasurer of such county shall cancel said warrants or bonds,

so delivered in discharge of such assessments or liens, or endorse

said payment on said warrant or bond in case the amount due on said

assessment at said time is less than the face value of said warrants

or bonds so tendered.