Upon payment of compensation for damage or total loss, the insurer is subrogated to the assured's rights in the object insured or such parts of the object insured as he has indemnified, unless he, no later than the time of payment, waives this right. Cl. 2-4 shall apply correspondingly.
In the event of a total loss, the assured shall furnish the insurer with title to the object insured and hand over all documents that are material to him as owner. Costs incurred in this connection shall be borne by the insurer.
In the event of damage, Cl. 5-13, sub-clause 2, first sentence, shall apply correspondingly.