(1) Execution on land only or on land together with immovable buildings may be made at any time after September for any unpaid rate or tax under a writ of execution according to the Form prescribed in Schedule 5 to this Act issued by the Treasurer to the Sheriff, and the proceeds of sale shall after deduction by the Sheriff of the rates and taxes due, with interest, costs and expenses, be returned in the Supreme Court for distribution among the persons, and their creditors, who according to the record and the claims filed setting out and proving ownership, are judicially held to be entitled to the same.