I just applied the patch file.
If you have git installed on your environment just use the following copy the patch on you magento root folder.
$ git apply MAGETWO-67805-2017-05-17-03-04-03.patch
There is no verbose first time but if you try second time you will see
error: patch failed: vendor/magento/module-catalog/Block/Product/ImageBlockBuilder.php:120
error: vendor/magento/module-catalog/Block/Product/ImageBlockBuilder.php: patch does not apply
Checked the mentioned files and they are up to date