Godly fear a precious, all-consuming emotion that enables us to have an eternal relationship with God and to avoid the snares of this world. Proverbs 14:27 advises us that godly fear is the fountain of lie that keeps us from the snares of death.— Access-Jesus.com

There’s been great debate over Godly fear vs ungodly fear. Many are misinformed on fear being given to us by God for our good. You must understand the differences between the two types of fear. Fear can be positive and good and it can be negative and sinful. Examples of godly fear in scriptures…
Jeremiah 32:40, And I will make an everlasting covenant with them, that I will not turn away from them, to do them good; but I will put my fear in their hearts, that they shall not depart from me.”
Hebrews 12:28, “Wherefore we receiving a kingdom which cannot be moved, let us have grace, whereby we may serve God acceptably with reverence and godly fear.”
Proverbs 14:27, “The fear of the Lord is a fountain of life, to depart from the snares of death.”
Proverbs 16:6, “By mercy and truth iniquity is purged: and by the fear of the Lord men depart from evil.”

Great article on this matter…
http://access-jesus.com/godly-fear-html/