Of course that's my opinion and it'd be more emotional if you've played the game this one's based on :D, but rest assured, no jump scares - though I guess it's a little late :P
To explain the last part, (The text slowly scrolling) it's a dialogue between BASIL and HERO (Alternating between lines) (Rushly made) to clear things up that didn't make sense in this game's reality.
In this game's reality, after the incident, HERO asked BASIL to make a photocopy of the photo showcased in the game and asked to keep the real one while Basil held the photocopy.
At the end of the dialogue sequence, HERO asks to swap the placeholder copy, however, BASIL doesn't have it because the photos in his album were blacked out with a marker.
