An apparatus for diverting material in a controlled manner comprising a diverter plate attached to a mounting assembly. The diverter plate is shaped for receiving falling material and facilitating the flow of the material onto a conveyance means or into storage. The mounting assembly comprises a carrier spring assembly that permits the diverter plate to pivot about a shaft and thereby move from a default position to an unload position. The mounting assembly further comprises two adjustable locking mounts that hold the shaft in place and also allow the shaft to be adjustably rotated and thereafter fixed in place. A method for diverting material in a controlled manner comprises the steps of installing the apparatus at a transfer point and activating a first conveyance means that feeds material to the chute. A second conveyance means that receives the material after diversion by the apparatus can optionally be activated.