If you are using $(selector).load(), then call .watermark()in the callback.
$('someSelector').load('/some/path', function( response ) {
$('someNewElement').find('input').watermark({
watermarkClass: 'watermarkOn',
defaultText: $("#Search").attr("watermarkText")
});
});
, , .
var options = {
watermarkClass: 'watermarkOn',
defaultText: $("#Search").attr("watermarkText")
};
$("#Search").watermark( options );
$('someSelector').load('/some/path', function( response ) {
$('someNewElement').find('input').watermark( options );
});