I'm pretty sure it's part of browser syncing. Basically, its telling you that those are the bookmarks tied to your google account (your email) and the others are the bookmarks saved locally on the device (local). You can try disabling 'browser' in the sync settings on the phone and see if that prevents it from being displayed. Or you can use Chrome mobile browser which doesn't display them like that.
The only way that I am aware of is to clear the data for the browser. Of course you lose all of your settings and bookmarks, but the address is removed.
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