My 95 T-bird did the same thing. It cut out at 106. The computer shuts off the ignition. You have to get a chip burned for it. I spent 250 bucks to get rid of the speed limiter and at the same time got some other goodies put into the chip also. The car will do 130 without the speed limiter !!!!!!!!!! It took a while to get there but it will do it. 
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91 LX COUPE, 3.73 gears, 2 1/2 inch H-Pipe, 1 5/8 MAC long tube headers, 73 MM C&L MAF, 70 MM MAC TB, LUNATI cam,1.7 TFS Rockers, TFS Track Heat heads, TFS Track Heat intake, T5 with PRO 5.0 shifter, Griffin aluminum radiator, Fluid Damper, SSM traction bars, 190 GPH in tank fuel pump. And more to come.
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