Add inline comments for each value in application-local.yml-example

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Description

This PR adds inline comments for each value in the application-local.yml-example file. The comments provide documentation for each property, explaining its purpose or usage. This improves the readability and understanding of the configuration file.

Summary of Changes

• Added inline comments for each value in the application-local.yml-example file.
• Comments provide documentation for each property, explaining its purpose or usage.
• Improved readability and understanding of the configuration file.

Please review and merge these changes at your earliest convenience.

Fixes #49.

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