Max temp for your cpu is 72C you're going dangerously over that.http://ark.intel.com/Product.aspx?id=41315
I would go into my bios PC Health and adjust the temp for shut-down at tmax.
And yeah your cooler is too small for the cpu.
Any quality 120mm 4-pipe cooler would be ideal for your cpu.
The 212+ and Scythe Mugen 2 are excellent and priced affordably.