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(a)
Except as provided in subsection
(b) of
this section, property acquired by the estate or by the
debtor after the commencement of the case is not subject
to any
lien resulting from any
security agreement entered into by the
debtor before the commencement of the case.
(b)(1) Except as provided in sections
363,
506(c),
522,
544,
545,
547, and
548 of this title, if the
debtor and an
entity entered into a
security agreement before the commencement of the case
and if the
security interest created by such
security agreement extends to property of the
debtor acquired before the commencement of the case
and to proceeds, products, offspring, or profits of such
property, then such
security interest extends to such proceeds, products,
offspring, or profits acquired by the estate after the commencement
of the case to the extent provided by such
security agreement and by applicable nonbankruptcy law,
except to any extent that the court,
after notice and a hearing and based on the equities
of the case, orders otherwise.
(2)
Except as provided in sections
363,
506(c),
522,
544,
545,
547, and
548 of this title, and notwithstanding section
546(b) of this title, if the
debtor and an
entity entered into a
security agreement before the commencement of the case
and if the
security interest created by such
security agreement extends to property of the
debtor acquired before the commencement of the case
and to amounts paid as rents of such property or the fees,
charges, accounts, or other payments for the use or occupancy
of rooms and other public facilities in hotels, motels,
or other lodging properties, then such
security interest extends to such rents and such fees,
charges, accounts, or other payments acquired by the estate
after the commencement of the case to the extent provided
in such
security agreement, except to any extent that the court,
after notice and a hearing and based on the equities
of the case, orders otherwise.
(Pub. L. 95-598, Nov. 6, 1978, 92 Stat. 2602; Pub.
L. 98-353, title III, § 466, July 10, 1984, 98 Stat.
380; Pub. L.
103-394, title II, § 214(a), Oct. 22, 1994, 108
Stat. 4126; Pub. L.
109-8, Title XII, §
1204(2), April 20, 2005, 119 Stat. 194.)
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