Let $(M,g)$ be a Riemannian manifold, and let $F_s:\Sigma\to M$ be a smooth one-parameter family of immersions whose images are two-sided minimal hypersurfaces for $s$ near $0$, with $F_0(\Sigma)=\Sigma$. Choose the unit normals smoothly near $s=0$, and write $\nu=\nu_0$. Let $A$ be the second fundamental form of $F_0$ with respect to $\nu$, and define the Jacobi operator $L:C^\infty(\Sigma)\to C^\infty(\Sigma)$ by