Fear of the deity, I see (5)
I believe the answer is:
panic
'fear' is the definition.
(I know that panic is a type of fear)
'deity i see' is the wordplay.
'deity' becomes 'pan' (Pan is an example).
'see' becomes 'C' (the word for the letter, according to Chambers).
'pan'+'i'+'c'='PANIC'
'of the' is the link.
(Other definitions for panic that I've seen before include "Sudden alarm" , "Lose one's cool" , "Mass fear" , "Great consternation" , "Frenzy" .)