§ 87. Undertaking to accompany application. Such application shall be
accompanied by an undertaking in the sum of at least one hundred
dollars, to be approved by such justice and filed in the office of the
clerk of the county where the notice of lien is filed, with at least one
surety, who shall be a resident and freeholder within the state, to the
effect that if it is finally adjudged that the applicant was not
entitled to the warrant, he will pay all costs which may be awarded
against him, not exceeding the amount specified in the undertaking, and
any damages sustained by reason of the seizure of the vessel under such
warrant, not to exceed fifty dollars.