Does the above Debug File capture the freezing ? If yes, then I believe it's caused by the ASUS software - when both HWiNFO and ASUS accessed the hardware at the same time.
If you don't want to remove ASUS Armoury Crate and still want to run HWiNFO, you will need to disable monitoring of the EC sensor or completely disable "EC Support" in HWiNFO. In such case HWiNFO won't access the EC sensors and won't be able to provide you data from it.