Notwithstanding anything herein to the contrary, the mortgagee may at any time prior to the conduct of any sale under this act, terminate any power of sale proceeding and pursue judicial foreclosure in accordance with the procedures provided for the foreclosure of mortgages.
Added by Laws 1987, c. 107, § 7, eff. Nov. 1, 1987.
Structure Oklahoma Statutes
§46-1. Absolute deed as mortgage.
§46-1.1. Deed of trust subject to mortgage laws.
§46-2. Conveyance by holder of deed intended as security as assignment.
§46-5. Mortgage follows property passing by succession or will.
§46-6. Formalities similar to deeds.
§46-8. Grant intended as mortgage recorded as mortgage.
§46-10. Separate instrument recorded.
§46-11. Defeasance must be recorded.
§46-12. Assignment - Unrecorded - Payment.
§46-15. Holder must release - Penalty - Definitions.
§46-18. Certificate of county treasurer.
§46-20. Issuance of title protection document - Notice - Waiver.
§46-44. Notice of intent to foreclose by power of sale.
§46-45. Notice of sale - Time and place of sale.
§46-46. Sale of property - Postponed, continued, changed or relocated sale.
§46-47. Closing of sale - Deed.
§46-48. Disposition of sale proceeds.
§46-49. Termination of power of sale proceeding.
§46-202. Indefinite reference to mortgage in subsequent deed or mortgage - Effect.
§46-203. Indefinite reference defined.
§46-311. Short title - Oklahoma First-Time Home Buyer Savings Account Act.
§46-313. Designation of account – Designation of beneficiary.
§46-314. Duties of account holders.
§46-315. Duties and liabilities of financial institutions.
§46-316. Deduction from taxable income – Exclusion from taxable income.