Load featured article once in a loop

I was able to find a solution to my own problem.

For anyone needing to solve this in the future, WordPress offers a set of conditional statements for just able everything, include pagination.

<?php get_header(); ?>
<?php if ( ! $paged || $paged < 2 ){ ?>
<?php locate_template( 'featured-post.php', true, false ); ?>
<?php }?>
<?php locate_template( 'blog-loop.php', true ); ?>
<?php get_footer(); ?>