Does CreoView support server side "conditional" watermarking?

I am trying to figure out if conditional watermarking is possible: (we want the watermark to = value of PART_CLASSIFICATION for all cases except when that value is UNCLASSIFIED, then we want it to be something like SECRET/RD PENDING REVIEW). The actual label doesn't matter. The main question is: Is it possible to have the watermark feature support logic in terms of which watermark it uses?

Thanks for any help.