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<br />automatic stay pursuant to 11 U.S.C. § 362, Congress shall have <br />all rights and remedies with respect to Debtors, the Congress <br />indebtedness, and the Collateral as are set forth in ,the <br />Financing Agreements. <br />(2) The Financing Agreements shall be subject <br />to termination in Congress' discretion as to any future loans, <br />advances, and other credit accommodations to be extended by <br />Congress to Borrower immediately upon the occurrence of any Event <br />of Default (as hereinafter defined). <br />(3) The Financing Order shall be sufficient and <br />conclusive evidence of the priority and validity of the security <br />interests in and liens upon all of the property of the estates of <br />Debtors granted to Congress as set forth herein, without the <br />necessity of filing, recording, or serving any financing <br />statements, mortgages, deeds of trust, or other documents which <br />may otherwise be required under federal or state law in any <br />jurisdiction or the taking of any other action to validate or <br />perfect the security interests and liens granted to Congress in <br />the Financing Agreements. Such security interests and liens <br />granted to Congress shall be prior and senior to all security <br />interests, liens, claims, and encumbrances of all other creditors <br />(including, without limitation, the PBGC) in and to such <br />property, except as to pre-existing liens and security interests <br />as noted in subparagraph d. above. <br />(4) Subject to paragraph 7 below, the automatic <br />stay provided by 11 U.S.C. § 362 of the Bankruptcy Code shall be <br />11 <br />