fifth Step:
Extract the zip file and extract the hot fix file and load into dialog. Also set TFS settings.
Apply And in couple of second patch is applied
Sixth Step:
After path applied, Synchronization database from Dynamics 365 menu.
Seventh Step:
Check all compile model, Make sure that all models are check in.
Eighth Step:
Resolve error in the case errors occurs,
In my case no error occurs.
9th step:
Check in everything into TFS with hot fix name in comments.