{A0928633.DOC }

IN THE UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF FLORIDA

TALLAHASSEE DIVISION

CENTENNIAL BANK,

Plaintiff,

vs. CASE NO. 4:11-CV-00193- RS-WCS 

STONE BRIDGE CONDOMINIUM, LLC;

MICHAEL PAGOZALSKI;

PETER S. ROSEN;

STONE BRIDGE CONDOMINIUMS ASSOCIATION, INC.

Defendants.

FINAL JUDGMENT OF FORECLOSURE UNDER COUNT II AND 

PARTIAL SUMMARY JUDGMENT AS TO LIABILITY UNDER COUNT I, 

III, AND IV 

Before me is Plaintiff’s Motion for Final Judgment of Foreclosure under 

Count II and Partial Summary Judgment as to Liability under Count I, III, and IV 

of Plaintiff’s Complaint and Incorporated Memorandum of Law (Doc. 29).

IT IS ORDERED:

1. The Court has jurisdiction over the parties and the subject matter.

2. There are no genuine issues of material fact as to Plaintiff’s 

Complaint. 

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3. Defendants, Stone Bridge Condominium, LLC, Peter S. Rosen and 

Michael Pagozalski, failed to sufficiently raise any defense preventing the relief 

requested by Plaintiff.

4. Defendants, Stone Bridge Condominium, LLC, Peter S. Rosen and 

Michael Pagozalski, owe Plaintiff Centennial Bank the following: 

1) Principal $336,553.85

2) Interest through September 7, 2011 $ 15,297.71

3) Late Charges $ 741.28

TOTAL AMOUNT DUE $ 352,592.84

5. Plaintiff shall be entitled to recover post-judgment interest at the legal 

rate defined by 28 U.S.C. § 1961 from the date of this judgment until paid.

6. Plaintiff holds a lien for the total sum in Paragraph 4 superior to all 

claims or estates of Defendants on the following described real and personal 

property located in Leon County, Florida. 

Real Property

UNITS 102, 103, AND 107 OF STONE BRIDGE CONDOMINIUMS, AS PER DECLARATION FOR 

STONE BRIDGE CONDOMINIUM RECORDED IN OFFICIAL RECORDS BOOK 3412, PAGE 176 OF 

THE PUBLIC RECORDS OF LEON COUNTY, FLORIDA.

Personal Property

All rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, crops, timber, 

all diversion payments or third party payments made to crop producers, all improvements, 

structures, fixtures and replacements that are a part of the Real Property. All water wells, water, 

ditches, reservoirs, reservoir sites and dams located on the real estate and all riparian and 

water rights associated with the Real Property. 

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7. If the total sum with interest at the rate prescribed by law due under 

Paragraph 4 and all costs of this action accruing subsequent to this judgment are 

not paid prior to the commencement of the sale by the United States Marshal 

(“Marhsal”), the Marshal is ordered and directed to sell the property at public sale.

8. Pursuant to Fed. R. Civ. P. 69, the procedures for sale shall be in 

accordance with the practice and procedure in the State of Florida as provided in 

Chapter 45, Florida Statutes (2010) except that title shall vest in the purchaser 

pursuant to a United States Marshal's Deed issued after confirmation of any sale by 

this Court.

9. The Marshal shall advertise the sale of the subject property in 

accordance with 28 U.S.C. §§ 2001-2002, and after giving proper notice, conduct 

the sale of the property at the Leon County Courthouse at Tallahassee, Florida.

10. Plaintiff is authorized to bid at the sale and any bid by the Plaintiff 

shall be credited against the indebtedness due the Plaintiff under Paragraph 4. 

Plaintiff shall advance all subsequent costs of this action and shall be reimbursed 

for them by the Marshal if Plaintiff is not the purchaser of the property at the sale 

in accordance with the Order Confirming Sale. If Plaintiff is the purchaser at the 

sale, the Marshal shall credit Plaintiff's bid with the total sum in Paragraph 4, with 

interest and costs accruing subsequent to this judgment or such part of it as is 

necessary to pay the bid in full. If a third party is the purchaser at the sale, 10% of 

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the bid price by certified check or cashier's check shall be paid at the time of the 

sale with the balance to be paid by certified check or cashier's check to the Marshal 

within 24 hours after the sale.

11. Upon sale being made, the Marshal is directed to make a report and 

accounting of the proceeds realized from the sale, if any, and the bidder or bidders 

at such sale, and report the amount of the sale for confirmation. The Marshal shall 

file the report of sale with the Court no later than fifteen (15) days after the sale. 

Upon the sale being made, the Marshal shall retain the proceeds thereof until the 

Order Confirming Sale is entered by the Court.

12. Upon the sale being made of the property and confirmed by this 

Court, the Court shall direct the Marshal to execute a United States Marshal's Deed 

to the property. At that time, the Defendants and all persons claiming under or 

against them since the filing of the Notice of Lis Pendens are foreclosed of all 

estate or claim in the property being sold, and shall be forever barred and 

foreclosed of any and all equity or right of redemption in and to said property, and 

the purchaser at the sale shall be let into possession of the property. 

13. The Marshal shall distribute the proceeds of the sale in accordance 

with the Order Confirming Sale.

14. Upon entry of the order confirming sale, the Marshall will execute and 

deliver the United States Marshal's Deed to the purchaser at the sale. Plaintiff shall 

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prepare the United State's Marshall's Deed. The purchaser at the sale shall pay for 

and be responsible for affixing to the United States Marshal's Deed any 

documentary stamps or taxes imposed upon the recordation of the deed.

15. If the subject property is sold at public auction, there may be 

additional money from the sale after payment of persons who are entitled to be 

paid from the sale proceeds pursuant to the final judgment of foreclosure. If you 

are a subordinate lienholder claiming a right to funds remaining after the sale, you 

must file a claim with the United States Marshal no later than 60 days after the 

sale. If you fail to file a claim, you will not be entitled to any remaining funds. If 

you are the property owner, you may claim these funds yourself. You are not 

required to have a lawyer or any other representation and you do not have to assign 

your rights to anyone else in order for you to claim any money to which you are 

entitled. Please check with the United States Marshal within ten (10) days after the 

sale to see if there is additional money from the foreclosure sale.

16. Defendants, Stone Bridge Condominium, LLC, Peter S. Rosen and 

Michael Pagozalski, are jointly and severally liable for the amounts owed to 

Plaintiff specified in Paragraph 4, and the Court reserves jurisdiction to determine 

the amount of damages following the foreclosure sale upon proper motion by 

Plaintiff for a deficiency judgment against Stone Bridge Condominium, LLC, Peter 

S. Rosen and Michael Pagozalski, under Counts I, III and IV of the Complaint. 

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17. This Court retains jurisdiction over this case for the purposes of 

determining the amount of attorneys' fees and costs to be awarded, entry of a 

deficiency judgment, if appropriate, and handling any motions related to the 

enforcement or collection of any deficiency judgment.

ORDERED on September 28, 2011.

/s/ Richard Smoak 

RICHARD SMOAK

UNITED STATES DISTRICT JUDGE

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