Newb question here; what do I do to get this to load after clicking 'subscribe' on the steam workshop?

When I lauch TL2, and click on 'play using mods', I get a loader that looks like a good start.
However, I can't figure out how to get the 'ModLauncher' program to actualy load the mods I subscribed too.

If I click the 'open mod folder' button, I get an explorer listing all the Mods I subsribed too, in .mod extention format, but I can't get 'ModLauncher' to read/open the mods.

Do I need to use another program to change the format from what steam workshop gives me into something ModLaucher will be able to read?

Thanks for the Help!
-Yup