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sworn proof of loss. Moreover, the Insured must give the insurer such relevant information and evidence as may reasonably be required, and cooperate fully in tae investigation and adjustment of any claim. 16. Other Insurance: If there is any other valid and collectible insurance covering the Property Insured hereunder, whether prior, subsequent to, or simultaneous with this Insurance, which in the absence of this insurance would cover the loss or damage hereby covered, then the Insurer shall not be liable hereunder for more than the excess over and above such other insurance. This clause, however, shall not apply to property of others in the Insured's care, custody or control and the existence of such insurance or payment of a loss thereunder shall not constitute a defense to any claim otherwise payable under this policy, nor shall such insurance be called on to contribute to any loss payable hereunder. The provisions of this clause do not apply to insurance expressed to be underlying or to excess amounts insured hereunder. 17. Packing and Securing of Property in Transit or Storage: It is a condition of this insurance that the Insured will take all reasonable steps to ensure that Property Insured Linder this Policy will be packed by competent packers and in such a manner as to withstand the normal hazards associated with transit or storage. 18. Pairs and Sets: In the event of the total loss of any articles which are part of a pair or set, the Insurer agrees to pay the Insured, at the option of the Insured, the full amount of the value of such pair or set as determined by the Valuation Clause contained herein, subject otherwise to the applicable Deductible Clause set forth herein, and the Insured agrees, if such option is elected, to surrender the remaining article or articles of the pair or set to the Insurer. 19. Prevailing Terms and Conditions: All matters not provided for herein or by endorsement hereon shall be covered by the terms and conditions of the Insurer's printed policy form to which this form is attached and which has been issued in conjunction herewith. The forgoing clauses contained in this form are to supersede and take the place of all other clauses in the printed form of the policy wherein they may conflict. 20. Required by Law: Any provisions required by law to be stated in policies issued by subscribers hereto shall be deemed to have been stated herein. In the event of litigation, subscribers hereto, upon request, agree to issue separate policies covering their individual subscription. 21. Settlement of Claims: All adjusted claims, the settlement amount and terms of which have been agreed by the Insurer and the Insured, shall be paid or made good to the Insured within thirty (30) days after satisfactory proof of interest and loss has been received and accepted at the office of the Insurer. 22. Subrogation: In the event of any payment under this policy the Insurer shall be subrogated to all the Insured's rights of recovery therefore against any person or organization and the Insured shall execute and deliver instruments and papers and do whatever else is necessary to secure such rights. The Insured shall do nothing after loss to prejudice such rights. This clause shall not apply to professional packers and shippers, auction houses, other individuals or institutions or other bailees with whom the Insured has waived their right of recovery, in writing, prior to a loss. 23. Suit Against Insurer: No suit, action or proceeding for the recovery of any claim under this policy shall be sustainable in any court of law or equity unless the same be commenced within twelve (12) months next after discovery by the Insured of the occurrence which gives rise to the claim. Provided, however, that if by the laws of the state within which this policy is issued such a limitation is invalid, then any such claims shall be void unless such action suit or proceeding be commenced within the shortest lin-Lit of time permitted by the laws of such state to be fixed herein. 24. Value Declared: It is understood and agreed that any Property Insured hereunder while in transit may be dispatched under a declaration as being "without artistic value", the values declared in such cases being only nominal values. EXHP01,0810 50P5