You'll have to get creative in mounting the rear brake master cylinder. What you're buying are parts off the F model (Supersport) and the frames are different in that area. (F models don't have the "triangles" for passenger pegs, and they use aluminum bolt on brackets for the rear master and pegs) The swingarm will bolt right up to the K frame, though.
Since the bike is apart, if you have access to that whole 76 frame, that might be a better start to your project. I'm in the midst of doing the same thing, and decided to start out with the F frame instead of modifying my K3. It's entirely possible to modify your K frame to work for this, but if you want the rear disc, that's a much easier way to go, IMO.
Best of luck!