v. 1) to collect funds, in addition to installment payments, from a person who owes
a debt secured by property, and place them in a special account to pay property
taxes and insurance when due. This protects the lender or seller from the borrower's
possible failure to keep up the insurance or a mounting tax bill which is a lien
on the property. 2) to take away records, money or property, such as an automobile
or building, by government action pending the outcome of a criminal prosecution.
The records may be essential evidence, or the money or property may be forfeit to
the state as in illegal drug cases.
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