Hi makumbisulaiman58,
You can simple use the CDN directly instead of using local file.
Using CDN directly will automatically gets changes if updated or new feature is added to it.
Refer below:
<script type="text/javascript" src="https://cdnjs.cloudflare.com/ajax/libs/tinymce/4.0.20/tinymce.min.js"></script>
<script type="text/javascript">
tinymce.init({ selector: 'textarea', width: 300 });
</script>
Glad to assist!