Is this going to be a problem?

[JCs72C10]

I bought a "72 a few weeks ago. I've been tearing it down to rebuild and came across a few issues. This particular one; I have no idea about. I'm not a frame guy and barely a body man.

I can tell by other pictures of "72 frames the hump--right in front of the coil spring--is not supposed to be humped at all.

Does the hump impact the strength and integrity of the frame? I appreciate the help.