After downloading the mod, use a program such as 7zip or WinRAR to extract the main folder of the mod.
Drop that folder into the mods folder which is supposed to be in the game's installation folder (don't know where that is? click here)
The assets file included in the download is entirely optional. It removes the checkbox graphic from the pre-heist screen, because this mod replaces the "READY" text with a checkbox. I personally don't use it, but if you want to use it you should install it like any normal texture replacement (PAYDAY 2/assets/mod_overrides).