Neil wishes to purchase Watford's house for $100,000, giving her a \$20,000 cash down payment and a note and mortgage for the remaining \$80,000 . Neil can expect to hypothecate which of the following with a mortgage?

Neil wishes to purchase Watford's house for $100,000, giving her a $20,000 cash down payment and a note and mortgage for the remaining $80,000. Neil can expect to hypothecate which of the following with a mortgage? Select one: a. Lot and house b. House, but not the lot c. Lot, but not the house d. N's other real estate holdings