Adding in "swap" in replacement for "none" doesn't seem to change anything.
for the UUID# indicating the swap partition
/dev/mapper/server1-swap_1 none swap sw 0 0
Its this line that makes it grumpy that the system is not ready or not yet present and then gives me a mountall error.
From what I have been able to determine this line is the only line that Ubuntu 12.04 LTS doesn't complain about
/dev/mapper/server1-root / ext4 errors=remount-ro,usrjquota=quota.user,grpjquota=quota.group,jqfmt=vfsv0 0 1
when it comes to swap partitions or auto mounting a usb drive fstab and the system seems to prefer using UUID#'s. I didn't experience any errors when doing it this way.