解:(2)因为$OC\perp OD,$所以$∠COD = 90°。$
由题意,得$20t + 90 = 120 + 5t$或$20t-90 = 120 + 5t。$
当$20t + 90 = 120 + 5t$时,
$\begin{aligned}20t-5t&=120 - 90\\15t&=30\\t&=2\end{aligned}$
当$20t-90 = 120 + 5t$时,
$\begin{aligned}20t-5t&=120 + 90\\15t&=210\\t&=14\end{aligned}$
所以当$t$的值为2或14时,射线$OC\perp OD。$
$ (3)$存在。
①当$OB$平分$∠COD$时,$∠COB=∠DOB,$即$120 - 20t = 5t,$
$\begin{aligned}20t+5t&=120\\25t&=120\\t&=4.8\end{aligned}$
②当$OC$平分$∠BOD$时,$∠COB=∠COD,$即$20t - 120 = 5t + 120 - 20t,$
$\begin{aligned}20t+20t-5t&=120 + 120\\35t&=240\\t&=\frac{48}{7}\end{aligned}$
③当$OD$平分$∠BOC$时,$∠DOB=∠DOC,$即$5t = 20t - 120 - 5t,$
$\begin{aligned}5t+5t-20t&=-120\\-10t&=-120\\t&=12\end{aligned}$
综上所述,当$t$的值为$4.8$或$\frac{48}{7}$或12时,射线$OC,$$OB,$$OD$中的某一条射线是另两条射线所夹角的平分线。