In this paper, we derive the Cramer-Rao Bounds (CRBs) for the 2-dimensional (2D) target localization and velocity estimations for widely separated Multiple-Input Multiple-Output (MIMO) radar. The transmitters emit signals with different frequencies and the receivers receive these signals with amplitude fluctuations and with Doppler shifts due to the target motion. The received signal model is constructed using the Swerling target fluctuations to take into account the undesired effects of target amplitude and phase fluctuations. Moreover, the time delays and the Doppler frequencies are included in the signal model to get a more realistic model. Then, the Cramer-Rao Bounds are derived for the proposed signal model for the target position and velocity estimations. Contrary to known models of CRBs, we derived the CRBs jointly and using the Swerling target fluctuations.