Rule 1.2:8 - Individual Suretiesa.Application for Approval. Justification for Surety -- Except as otherwise provided by paragraph (b) of this Local Rule, an application for the approval of an individual surety shall be accompanied by a justification of surety, in affidavit form, of the proposed surety, setting forth: 1. name, residence address;2. location of the real property owned;3. a brief description of the real estate and what it consists of;4. how, or from whom, the real estate was obtained and when obtained;5. that the surety or sureties do not contemplate selling of said property;6. any encumbrance upon the real property;7. the assessed value of the property for taxation purposes;8. a certification of the value of the said property.b.Bond Without Surety. Confession of Judgment--The Court, in its discretion, may permit a party in interest to execute an individual bond, without surety. When a party in interest is authorized to execute an individual bond or individual surety is approved, the Court may direct that the bond to be executed contain a warrant of attorney to confess judgment, with or without default, and that judgment thereon be entered of record in the Office of the Prothonotary.Amended effective 10/1/2004.