When you pull the plugs, you may find one or more plugs..probably on the same side of the engine..fowled/flooded with WATER. Your symptoms indicate a rusted out exhaust elbow/riser. When you pull the riser off you will see water down inside the manifold. "Sometimes" a very close inspection of the elbow OFF the engine will reveal the leak...but just as often you won't imediately find it. All you need is a pinhole to cause a problem.
After finding water flooded spark plugs..pull the elbow/riser on that side and look for the puddle in the manifold. Fourteen years seems about right for a rusted out elbow/riser. My experience has been the Manifolds last Twice as long (in years) as a riser.
Avatar: RELIANCE (1903) The Largest single masted sailing yacht ever built (Until 2004)...with over 16,000 square feet of sail. Successful Americas Cup Defender.
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1986 Minx. SBC 350/260hp, Alpha I. Red, Honey.