does Promissory Note have any legal affect?



Hi,

I would appreciate some information.

I loan someone certain amount of money and get paid interest on this, i
have a promissory note contracting this and it is notarized. It also
mentioned in case of his death, I can collect my principle back etc
etc.

I am wondering does this note have any legal affect? hyporthetically,
in case of his death, can I use this note to go to court to collect my
principle ?

If not, what kind of document should I make for this loan to protect
myself in case of unexpected thigns.

Thanks

dave

.



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