N.Y. Lien Law § 87: Undertaking to accompany application

§ 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.