Of course you are right.. there is no "mercy" without repentance.. and without fear of judgement there is not repentance ..
I don't agree. God's mercy is not earned, it's freely given as grace.
And the experience of God's grace is the experience of God's love, which creates a longing for God that often brings repentance without fear, but rather through a yearning for a deeper experience of God in one's life and heart and mind.