This is certainly a scary story, with a lot of atmosphere. Your use of descriptive language is effective. We can understand why the three boys would endure the fear--they explain clearly the motivation for joining the fraternity. It will benefit them eventually in life.
You use both fiction and creative nonfiction tags. This is confusing. The story is apparently fiction (?) but your first tag is creative nonfiction. Please clarify.
Thank you for sharing this with us, @osomar357