Molds are very much like plants, just cannot photosynthesize (no green color). And like plants, produce reproductive structures. Molds may produce spores, conidia, schlerotia etc .

These resting structures are
microscopic which is why you don't see them landing on your piece of bread..
Monique is correct, that many of these resting structures will survive over long periods of time. Plants produce microscopic spores too (e.g. ferns, mosses, pine trees)
The most common bread mold is
Rhizopus a black mold
see --->
http://www.backyardnature.net/f/bredmold.htm
also see dark spores
--->
http://www.skidmore.edu/academics/biology/plant_bio/fungi/Rhizopus - bread mold.jpg
The Penicillium species, are more common on citrus fruits
see ---> http://www.uoguelph.ca/~gbarron/MISCELLANEOUS/penicill.htm
also see their fruiting structure with spores strung together on top ---> http://www.botany.utoronto.ca/ResearchLabs/MallochLab/Malloch/Moulds/Illustrations/Penicillium.jpg
iansmith is correct that penicillin was discovered by accident.. I believe they were culturing bacteria (Staphylococci) and some penicillium mold spores contaminated their plates.
After incubation, they noticed the bacteria didn't grow within a zone surrounding the mold colonies. The mold must have been releasing something into the culture medium that inhibited bacterial growth.
Side note: Because bacteria have very short life cycles, their evolution is accelerated. Mistakes in their DNA sequence occur and are passed onto next generation. Some of these mutations allow them to survive when penicillin is present in your body, and those bacteria will multiply quickly. A good example of
survival of the fittest. So it's best not to rely too strongly on one antibiotic, because their will be selection pressure for resistant bacteria and soon the antiobiotic no longer works.
