The Priest raises the Host on the paten to the level of his eyes and says the following prayer:
USCIPE, sancte Pater, omnipotens aeterne Deus, hanc immaculatam hostiam, quam ego indignus famulus tuus offero tibi, Deo meo vivo et vero, pro innumerabilibus peccatis, et offensionibus, et negligentiis meis, et pro omnibus circumstantibus, sed et pro omnibus fidelibus christianis vivis atque defunctis: ut mihi, et illis proficiat ad salutem in vitam aeternam. Amen.
CCEPT, O Holy Father, almighty and eternal God, this spotless host, which I, Thy unworthy servant, offer unto Thee, my living and true God, to atone for my innumerable sins, offences, and negligences, and for all here present; also for all faithful Christians both living and dead, that it may profit me and them for salvation unto life everlasting. Amen.
The Priest returns the Host to the altar, and making the sign of the cross with it as he places it on the corporal.