15 versions!? I had no idea!
Yup, the current version of Vanilla Sins is 1.191, and I think each major patch the number goes up by 0.01. Of course they might of jumped from 1.05 to 1.1, but regardless there are a lot of patches you've missed out on.
Now does registering my game cost anything? (I do have a limited budget)
No, updates are completely free, but you'll need your serial number that came with the game (should be on the manual or box). If you lost it you maybe able to email support to get a new one.
Also for some reason I keep running into problems with extracting the mod I want...it keeps running into errors, and the one time it did work I saw nothing in the mod folder in the game
Here's a link to the site that has the mod I'm trying to download...maybe it might help?
I don't know about the extraction errors, but that particular mod seems to only be for the Diplomacy expansion, so you wouldn't be able to play it even if you extracted it correctly.