Spawn Object If Boolean Equals True, Boolean Set To True On Level Load

Not sure what I messed up on here, but I know I messed up on something because the script isn't working. Any help would be appreciated, thanks.

 #pragma strict
 
 var belt : GameObject;
 var champ : boolean = false;
 
 function Start ()
 {
 DontDestroyOnLoad (transform.gameObject);
 }
 
 //Give Belt
 
 function OnLevelWasLoaded (level : int)
 {
     if(champ == true)
     {
         if(Application.loadedLevel == 7)
         {
           givebelt ();
         }
     }
 }
 
 function Update () 
 {    
     if(Application.loadedLevel == 8)
     {
      champ = true;
     }
 }
 
 function givebelt ()
 {
 var object = Instantiate(belt, Vector3 (0, 0, 0), Quaternion.identity);
 object.transform.parent = transform;
 }