XDocument and load too large XML file

I did write this code to read a url of xml file:

XDocument feedXml = XDocument.Load("url address of xml file here");
        var feeds = from feed in feedXml.Descendants("List")
                    select new Event { 
                        Id = Int32.Parse(feed.Element("ID").Value),
                        Name = feed.Element("Name").Value,                            
                        City = feed.Element("City").Value                            
                    };
        return feeds;

My problem is that the file is too large (about 40MB) and take too long to load. I should not download the whole file and I am using PagedList paging. How can I load the file's data page by page?